Positions | Today | Yesterday | % Change | |
Longs | 44% | 40% | 9.09% | |
Shorts | 56% | 60% | -7.14% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Neutral | Neutral | |
Alligator (13; 8; 5) | Sell | Sell | Buy | |
SAR (0.02; 0.2) | Buy | Sell | Buy | |
Aggregate | ⇘ | ⇘ | ⇗ |
After showing no distinctive movement on Monday, NZD/USD accelerated the following day and shot past the 55– and 100-hour SMAs.
The rate's upward momentum has been confined in the bounds of a minor channel up. Thus, it might be assumed that the pair will try to approach the upper boundary of the junior channel which is reinforced by the 200-hour SMA.
Meanwhile, technical oscillators are located near the overbought area. Thus, the aforementioned appreciation might be followed by a reversal in the 0.7200/10 territory. As a result, no massive changes to the overall price level are expected to occur on the daily perspective.