Analysis for June 27th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. The angle of angulation is closed; AO and AC indicators are in the red zone; there is a Fade bar on the MFI and might be a Squat one too. I’m keeping my sell order; a protective stop is above the Alligator’s lips (green line).
At the H1 chart of the USD/CAD currency pair, the Alligator is moving downwards. AO and AC indicators are in the green zone; there is a Green bar on the MFI and might be a Squat one too. A bullish fractal may break the Alligator’s mouth; a protective stop is above the Alligator’s jaw (blue line).
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator closed its mouth. The indicators are in the grey zone; there is a Fade bar on the MFI and might be a Squat one too. I’m keeping my buy order; a protective stop is below the Alligator’s mouth.
At the H1 chart of the NZD/USD currency pair, the Alligator started moving upwards. AO and AC indicators are in the red zone; there is a Green bar on the MFI. A bearish fractal may reach the Alligator’s jaw.
RoboForex Analytical Department