Analysis for November 27th, 2013
USD/CAD
At H4 chart of USD/CAD, Alligator is moving northwards. Price is forming bullish fractal; angulation is closing; AO and AC are in grey zone; there might Squat bar on the MFI. Bearish fractal may reach Alligator’s teeth (red line).
At H1 chart of USD/CAD, Alligator is sleeping. Indicators are in green zone; we can see divergence with AO; there is Fade bar on the MFI and no Squat ones. I expect breakout of fractals to the upside.
NZD/USD
At H4 chart of NZD/USD, Alligator is moving southwards. Indicators are in red zone; there might be Squat bar on the MFI. Bullish fractal may reach Alligator’s teeth (red line) and then I expect breakout of fractals to the downside.
At H1 chart of NZD/USD, Alligator is reversing downwards. AO and AC are in grey zone; there is Green bar on the MFI and might be Squat one too. I expect breakout of fractals to the downside.
RoboForex Analytical Department