Positions | Today | Yesterday | % Change | |
Longs | 56% | 59% | -5.36% | |
Shorts | 44% | 41% | 6.82% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Neutral | Sell | Sell | |
SAR (0.02; 0.2) | Buy | Buy | Sell | |
Aggregate | ⇗ | ⇒ | ⇘ |
The New Zealand Dollar depreciated about 53 base points against the US Dollar on Thursday. The exchange rate almost tested the 200-hour simple moving average at 0.6524 during yesterday's session.
However, today's session begins with a bullish momentum, and by the middle of the European trading session on Friday, the currency pair has gained about 0.92% of its lost values.
If this rally continues, the NZD/USD currency exchange rate could target the monthly pivot point at 0.6598 during the following trading session.
Meanwhile, the three SMAs have fallen below the price level.