Analysis for November 15th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. Price is forming bearish fractal; indicators are near balance line; there is Green bar on the MFI and might be Squat one too. I expect breakout of fractals to the upside.
At the H1 chart of the USD/CAD currency pair, the Alligator is reversing northwards. Angulation is open; indicators are in green zone; 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 sleeping. ACV is in red zone, AO is near balance line; there are no Squat bars on the MFI. I expect breakout of fractals to the downside.
At the H1 chart of the NZD/USD currency pair, the Alligator is also sleeping. AO and AC are in grey zone; there might be Squat bar on the MFI. I expect slight breakout of fractals to the downside.
RoboForex Analytical Department