Positions | Today | Yesterday | % Change | |
Longs | 60% | 58% | 3.33% | |
Shorts | 40% | 42% | -5.00% | |
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 | Neutral | Sell | |
SAR (0.02; 0.2) | Sell | Buy | Sell | |
Aggregate | ⇒ | ⇗ | ⇘ |
The New Zealand Dollar remained stable against the US Dollar on Monday, as it was confined between the bounds of 0.7059/0.6998 and also the 55– hour simple moving average.
By the middle of the European trading session on Tuesday, the NZD/USD exchange rate was heading for a test of a support cluster set by the 200– hour SMA and the weekly pivot point near 0.7023.
If and when the just mentioned support cluster holds, the currency exchange rate could continue it movement north for a potential test of the upper boundary of a dominant ascending channel.