Positions | Today | Yesterday | % Change | |
Longs | 57% | 59% | -3.51% | |
Shorts | 43% | 41% | 4.65% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Sell | |
RSI (14) | Neutral | Buy | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Sell | Sell | Sell | |
SAR (0.02; 0.2) | Buy | Sell | Sell | |
Aggregate | ⇒ | ⇘ | ⇘ |
The NZD/USD currency pair stood standstill on Friday, as no significant price changes occurred throughout the day. Instead, it was fluctuating in a range between 0.6780 and 0.6743.
The 55-hour simple moving average has been directing the exchange rate lower and the target for bears could be the monthly support level located near the 0.6703 mark.
As for near future, if the aforementioned support level holds, a corrective move north could be expected during the following trading session. Meanwhile, technical indicators flash strong sell signals. Therefore, bears might grow stronger in this session.