Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 29% | 35% | -19.1% |
Shorts | 71% | 65% | 7.8% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Sell | Neutral | Sell |
Stochastic(5;3;3) | Sell | Neutral | Neutral |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇒ | ⇗ | ⇗ |
Upside risks pressured the New Zealand Dollar higher against the US Dollar on Friday. The NZD/USD currency pair surged by 108 pips or 1.50% during Friday's trading session.
Everything being equal, the exchange rate could continue to trend up during the following trading session. A breakout through the upper boundary of an ascending channel pattern could occur.
However, the currency exchange rate might make a brief pullback towards the weekly pivot point at 0.7254 within this session.