Positions | Today | Yesterday | % Change | |
Longs | 47% | 45% | 4.26% | |
Shorts | 53% | 55% | -3.77% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Sell | Sell | |
Alligator (13; 8; 5) | Buy | Sell | Buy | |
SAR (0.02; 0.2) | Buy | Sell | Buy | |
Aggregate | ⇗ | ⇓ | ⇗ |
The New Zealand Dollar has stopped its decline against the Greenback. The currency exchange rate encountered a brief period of consolidation at the middle of Thursday's trading day.
During the European session, the currency pair was bouncing between pivot points. The monthly PP at 0.7277 was providing resistance while the weekly PP at 0.7259 supported the rate.
Everything being equal, it is likely that the NZD/USD pair could trade sideways during the next 24 hours, as technical indicators flash mixed signals.