Positions | Today | Yesterday | % Change | |
Longs | 55% | 60% | -9.09% | |
Shorts | 45% | 40% | 11.11% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Buy | |
Alligator (13; 8; 5) | Buy | Sell | Sell | |
SAR (0.02; 0.2) | Buy | Buy | Sell | |
Aggregate | ⇗ | ⇒ | ⇘ |
The NZD/USD currency pair was constrained by upside risks on Friday trading session. Nevertheless, the gains were stopped by the weekly pivot point at the 0.6964 regions.
During the European session on Monday, the currency pair was trading in a relatively calm manner, as the rate as gradually moving south. However, the monthly pivot point at 0.6944 was proving support for the pair.
On the four-hour time frame, technical indicator demonstrates that bulls are likely to grow stronger with the next 24hrs. While on the weekly time-frame, it suggests that bearish sentiment could dominate this week.