Analysis for January 28th, 2014
USD/CAD
At H4 chart of USD/CAD, Alligator is still moving upwards, but starting to close its mouth slowly. Angulation is closed; indicators are in green zone; there is Squat bar on the MFI. After bullish fractal, I expect breakout of fractals to the downside.
At H1 chart of USD/CAD, Alligator is sleeping. Indicators are in red zone; there are no Squat bars on the MFI. I expect breakout of fractals to the downside.
NZD/USD
At H4 chart of NZD/USD, Alligator is going to sleep. Indicators are in green zone; there is Squat bar on the MFI. After bearish fractal, I expect breakout of fractals to the upside.
At H1 chart of NZD/USD, Alligator is reversing upwards. Indicators are in grey zone; there is Green bar on the MFI and might be Squat one too. Bearish fractal may break Alligator’s mouth and then I expect breakout of fractals to the upside.
RoboForex Analytical Department