Positions | Today | Yesterday | % Change | |
Longs | 56% | 57% | -1.79% | |
Shorts | 44% | 43% | 2.27% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Sell | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Sell | Buy | |
Alligator (13; 8; 5) | Buy | Sell | Neutral | |
SAR (0.02; 0.2) | Buy | Buy | Sell | |
Aggregate | ⇗ | ⇘ | ⇒ |
The New Zealand Dollar appreciated about 76 base points against the US Dollar on Friday. The currency pair breached both the 50-, 100-, and 200-hour SMAs during Friday's trading session.
As for the near future, it is likely that the currency exchange rate will continue gaining strength and potentially target a strong resistance level formed by the weekly and the monthly pivot points at 0.6798.
On the other hand, the NZD/USD exchange rate could reverse from current price level at 0.6762 and aim for a test of the three SMAs during the following trading session.