| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 26% | 29% | -15.4% |
| Shorts | 74% | 71% | 5.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
The New Zealand Dollar surged by 48 pips or 0.73% against the US Dollar on Monday. The currency pair breached the 0.6700 mark during the Asian session on Tuesday.
Technical indicators demonstrate buying signals on all time-frames. Therefore, the NZD/USD exchange rate could continue to edge higher within the following trading session.
However, given that the currency exchange rate has breached the 50– and 100– hour SMAs, a declined towards the 200– hour simple moving average could be expected today.