Analysis for November 1st, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is closing its mouth. AC is in the red zone, AO is near the balance line; there is a Squat bar on the MFI. I expect the price to move downwards.
At the H1 chart of the USD/CAD currency pair, the Alligator made a reverse downwards. The price is finishing a bullish fractal; AO is in the green zone, AC is near the balance line; there is a Squat bar on the MFI. The bullish fractal may reach the Alligator’s jaw (blue line).
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is closing its mouth. A divergence is forcing the price to move upwards; AO and AC are in the green zone; the angle of angulation is closed; there might be a Squat bar on the MFI. The price is expected to move upwards.
At the H1 chart of the NZD/USD currency pair, the Alligator is sleeping. AO is near the balance line, AC is in the green zone; there is a Squat bar on the MFI. The price is expected to complete a bearish fracta and then move upwards.
RoboForex Analytical Department