Analysis for March 25th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is closing its mouth. Indicators are in red zone; there are no Squat bars on the MFI. Bearish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the upside.
At H1 chart of USD CAD, Alligator is sleeping. AO is in green zone, AC is very close to balance line; there might be Squat bar on the MFI. After two fractals, equidistant from Alligator’s mouth, I expect breakout of fractals to the upside.
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is sleeping. AO is in green zone; price formed bearish fractal; there are no Squat bars on the MFI. After bullish fractal, I expect breakout of fractals to the downside.
At H1 chart of NZD USD, Alligator is sleeping. AO and AC are near balance line; there is Squat bar on the MFI. After two equidistant fractals, I expect breakout of fractals to the downside.
RoboForex Analytical Department