Analysis for February 14th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving downwards. Price is forming bullish fractal; indicators are in red zone; there are no Squat bars on the MFI. Bullish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the downside.
At H1 chart of USD CAD, Alligator is sleeping. Indicators are in green zone; price is forming bearish fractal; there is Fade bar on the MFI and might be Squat one too. Bullish fractal may break Alligator’s jaw (blue line).
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is moving upwards. Price is forming bearish fractal; AO and AC are in green zone; there is Squat bar on the MFI. Bearish fractal may reach Alligator’s jaw (blue line).
At H1 chart of NZD USD, Alligator is also moving upwards. AO and AC are in red zone; there is Squat bar on the MFI. After bullish fractal, I expect breakout of fractals to the downside.
RoboForex Analytical Department