Positions | Today | Yesterday | % Change | |
Longs | 47% | 49% | -4.26% | |
Shorts | 53% | 51% | 3.77% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Neutral | Buy | Sell | |
SAR (0.02; 0.2) | Sell | Buy | Buy | |
Aggregate | ⇒ | ⇗ | ⇒ |
The New Zealand Dollar depreciated about 40 base points against the US Dollar on Friday. The currency pair was guided south by the 50-hour simple moving average during Friday's session.
By and large, it is likely that the currency exchange rate continues moving south towards the 200-hour SMA at 0.6682 within this session.
However, technical indicators flash bullish signals on the daily time-frame. Therefore, a potential upside reversal from a support level formed by the 200-hour moving average could be expected during the following trading session.