Positions | Today | Yesterday | % Change | |
Longs | 36% | 34% | 5.56% | |
Shorts | 64% | 66% | -3.12% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Buy | |
RSI (14) | Neutral | Sell | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Buy | Buy | Buy | |
SAR (0.02; 0.2) | Sell | Buy | Buy | |
Aggregate | ⇒ | ⇒ | ⇗ |
By the end of Wednesday's trading session, the New Zealand Dollar had extended its gains against the US Dollar and reached a new high level. Namely, the 0.74 mark had been touched.
However, the pair moved back to the dominant channel after it was stopped by the monthly pivot point level at 0.7420. By the middle of Thursday's trading session pair is stranded between SMAs.
The pair's movement is indecisive and trying to gather some momentum to move either north or south. Also, the 100— hour SMA is providing support at the level of 0.7320.