Positions | Today | Yesterday | % Change | |
Longs | 48% | 49% | -2.08% | |
Shorts | 52% | 51% | 1.92% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Buy | |
Alligator (13; 8; 5) | Buy | Buy | Sell | |
SAR (0.02; 0.2) | Sell | Buy | Sell | |
Aggregate | ⇒ | ⇗ | ⇘ |
On Tuesday it was possible to finally exactly pinpoint the borders of the expected new medium term descending pattern on the charts of the NZD/USD currency pair.
The main move was occurring as this text of analysis was initially written by our analyst. The reason was the passing of the 100-hour SMA, which had held its ground throughout the previous 24-hour period.
Due to that reason it could be expected that the currency exchange rate will decline down to the 0.6964. level, where the 23.60% Fibonacci retracement level should stop it. However, that level has not previously shown relevant force.