Analysis for December 18th, 2013
USD/CAD
At H4 chart of USD/CAD, Alligator is sleeping. AC is in green zone, AO is near balance line; angulation is closed; there might be Squat bar on the MFI. After bullish fractals, I expect breakout of fractals to the downside.
At H1 chart of USD/CAD, Alligator is moving upwards. AO is in green zone, AC is near balance line; there might be Squat bar on the MFI. Bearish fractal may reach Alligator’s teeth (red line); then I expect breakout of fractals to the upside and downside.
NZD/USD
At H4 chart of NZD/USD, Alligator is still sleeping. AO and AC are near balance line; 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. AO and AC are in red zone; there might be Squat bar on the MFI. After bearish fractal, I expect breakout of fractals to the upside.
RoboForex Analytical Department