Analysis for March 14th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is sleeping. Indicators are very close to balance line; there is Fade bar on the MFI and might be Squat one too. I expect two fractals, equidistant from Alligator’s mouth.
At H1 chart of USD CAD, Alligator is reversing upwards. Price is finishing bullish fractal; indicators are in grey zone; angulation is closed; there is Green bar on the MFI and might be Squat one too. I expect breakout of fractals to the upside.
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is moving upwards. Indicators are in red zone; price is forming bullish fractal; angulation is closing; there might be Squat bar on the MFI. After bullish fractal, I expect angulation to close.
At H1 chart of NZD USD, Alligator is sleeping. AO and AC are in red zone; angulation is closed; there is Squat bar on the MFI. I expect two fractals, equidistant from Alligator’s mouth.
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