| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 60% | 69% | -15.0% |
| Shorts | 40% | 31% | 22.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
The New Zealand Dollar traded sideways against the US Dollar on Thursday. However, the exchange rate managed to breached the 50-hour simple moving average during the previous trading session.
The currency pair is currently trading near the lower boundary of an ascending channel pattern and could be set for a breakout.
If this breakout occurs, bearish traders could push the currency exchange rate lower within this session.
Although, the US Non-Farm Employment Change and Unemployment Rate could be a game-changer during the following trading session.