Analysis for June 25th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USDCAD, Alligator is slowing down but still moves in descending impulse, AO and AC are in green zone, MFI declines and squat bar can appear. Bullish fractal can reach teeth of Alligator (red line), then I expect new breakout of fractal to the downside.
At H1 chart, Alligator is sleeping, AO and AC are in gray zone, squat bar can appear on MFI. Bullish fractal can be completed below mouth of Alligator, then I expect breakout of fractals to the downside.
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZDUSD, Alligator is falling asleep, indicators are in red zone, MFI grows and squat bar can appear. I expect breakout of fractals to the downside.
At H1 chart Alligator is heading down, AO and AC are in red zone, MFI is descending. Bullish fractal can reach jaw line (blue one), then I expect breakout of fractals to the downside.
RoboForex Analytical Department