Analysis for March 4th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is sleeping. Indicators are in red zone; there might be Squat bar on the MFI. I expect slight breakout of fractals to the downside.
At H1 chart of USD CAD, Alligator is also sleeping. Indicators are in red zone; we can see divergence with AO; there is Fade bar on the MFI and might be Squat one too. I expect breakout of fractals to the upside and then to the downside.
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is moving upwards. Indicators are in green zone; there is Green bar on the MFI and might be Squat one too. I expect breakout of fractals to the upside.
At H1 chart of NZD USD, Alligator is sleeping. Price is finishing bullish fractal; AO and AC are in green 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.
RoboForex Analytical Department