Positions | Today | Yesterday | % Change | |
Longs | 55% | 53% | 3.64% | |
Shorts | 45% | 47% | -4.44% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Buy | Neutral | |
Alligator (13; 8; 5) | Sell | Sell | Neutral | |
SAR (0.02; 0.2) | Buy | Sell | Buy | |
Aggregate | ⇒ | ⇘ | ⇒ |
Bearish sentiment has been dominating the New Zealand Dollar against the US Dollar since December 24.
The exchange rate is presently stranded between SMAs. The 50-hour simple moving average at 0.6730 is providing support for the pair, while the 100-hour SMA at 0.6751 is providing resistance.
Technical indicators demonstrate that the currency exchange rate will likely continue its downside momentum within this session. Bearish traders could aim for a psychological support level at 0.6700 during the following trading session.