Analysis for November 18th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. Price is forming bearish fractal below the jaw; indicators are in grey zone; there is Squat bar on the MFI. I expect breakout of fractals to the downside.
At the H1 chart of the USD/CAD currency pair, the Alligator reversed downwards. Angulation is open; indicators are in red zone; there is Green bar on the MFI and might be Squat one too. I expect price to complete bearish fractal.
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is reversing upwards. AO and AC are in green zone; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.
At the H1 chart of the NZD/USD currency pair, the Alligator is moving northwards. AO is in green zone, AC is near balance line; there is Green bar on the MFI and might be Squat one too. I expect breakout of fractals to the upside.
RoboForex Analytical Department