NZD/USD flashes mixed signals

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Positions Today Yesterday % Change
Longs 42% 47% -11.90%
Shorts 58% 53% 8.62%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Sell Buy
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Sell Sell Sell
Alligator (13; 8; 5) Buy Sell Buy
SAR (0.02; 0.2) Buy Sell Buy
Aggregate

The New Zealand Dollar has been steered by an ascending channel against the US Dollar since the beginning of this month.

During the European trading session, the currency pair was bouncing between SMAs. However, it is expected to breach the simple moving averages due to the US fundamental event which is scheduled at 13:30 GMT.

As for near future, it is likely that the currency exchange rate could trade south during the following session. In addition, technical indicators flash mixed signals.

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