Analysis for November 14th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is moving upwards. AO and AC are in red zone; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.
At the H1 chart of the USD/CAD currency pair, the Alligator is sleeping. The indicators are in red zone, AC is very close to balance line; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is also moving southwards. The indicators are in green zone; there is Green bar on the MFI and might be Squat one too. Bullish fractal may reach the Alligator’s teeth (red line) and then I expect breakout of fractals to the downside.
At the H1 chart of the NZD/USD currency pair, the Alligator is sleeping. AO and AC are in green zone; there might be Squat bar on the MFI. I expect breakout of fractals to the downside.
RoboForex Analytical Department