Analysis for November 20th, 2013
At H4 chart of USD/CAD, Alligator is reversing downwards. Indicators are in green zone; there might be Squat bar on the MFI. Bullish fractal may reach Alligator’s jaw (blue line).
At H1 chart of USD/CAD, Alligator is sleeping. AO is in red zone, AC is near balance line; there is Fade bar on the MFI. I expect slight breakout of fractals to the downside.
At H4 chart of NZD/USD, Alligator is heading northwards. AO and AC are in grey zone; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.
At H1 chart of NZD/USD, Alligator is sleeping. There is Green bar on the MFI and might be Squat one too. I expect two equidistant fractals and then break out of fractals to the upside.
RoboForex Analytical Department