Analysis for November 13th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator woke up and right now is moving upwards. AO is in green zone, AC is near balance line; 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 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.
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is moving southwards. The indicators are in grey zone; there is Squat bar on the MFI. Bullish fractal may reach the Alligator’s lips (green line) and then I expect breakout of fractals to the downside.
At the H1 chart of the NZD/USD currency pair, the Alligator is closing its lips. The price is forming bullish fractal; AO and AC are in green zone; there is Green bar on the MFI and no Squat ones. Bullish fractal may reach the Alligator’s jaw (blue line) and then I expect breakout of fractals to the downside.
RoboForex Analytical Department