Positions | Today | Yesterday | % Change | |
Longs | 37% | 38% | -2.70% | |
Shorts | 63% | 62% | 1.59% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Buy | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Buy | Sell | Sell | |
Alligator (13; 8; 5) | Sell | Buy | Buy | |
SAR (0.02; 0.2) | Buy | Buy | Buy | |
Aggregate | ⇒ | ⇗ | ⇗ |
The Kiwi has stopped its surge against the Greenback. The currency pair encountered a short period of consolidation during Monday's trading session.
It is likely that the current bullish movement could continue during the next 24 hours. However, the exchange rate has to breach the upper boundary of a channel down, where the 200-hour simple moving average is located.
As for near future, the NZD/USD pair might be tended northwards during the next trading session, and could likely breach the resistance set by the 200– hour SMA.