Analysis for February 26th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is sleeping. Indicators are in grey zone; angulation is closed; there is Green bar on the MFI and might be Squat one too. After bullish fractal, I expect breakout of fractals to the downside.
At H1 chart of USD CAD, Alligator is also sleeping. Price is forming bullish fractal; indicators are in grey zone; there is Fade bar on the MFI and might be Squat one too. After bullish fractal, I expect breakout of fractals to the downside.
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is reversing northwards. Indicators are in red zone; there is Green bar on the MFI and might be Squat one too. After bearish fractal, I expect breakout of fractals to the upside.
At H1 chart of NZD USD, Alligator is closing its mouth. AO and AC are in red zone; we can see divergence with AO; there are no Squat bars on the MFI. I expect slight breakout of fractals to the upside.
RoboForex Analytical Department