Positions | Today | Yesterday | % Change | |
Longs | 36% | 35% | 2.78% | |
Shorts | 64% | 65% | -1.56% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Buy | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
Alligator (13; 8; 5) | Sell | Buy | Buy | |
SAR (0.02; 0.2) | Sell | Sell | Buy | |
Aggregate | ⇘ | ⇒ | ⇗ |
The New Zealand Dollar continues losing ground against the US Dollar. The pair breached the weekly S2 at 0.7193 by the beginning of Thursday's trading session.
The NZD/USD pair managed to rally some points; however, by the end of the European trading session, the rally was stopped by the weekly pivot near the 0.7248 mark.
Regarding the near future, the currency exchange rate is likely to maintain the down channel until find support at the monthly pivot point at 0.7147. Technical indicators suggest a sell signal.