Analysis for November 28th, 2013
USD/CAD
At H4 chart of USD/CAD, Alligator is moving northwards. Price is finishing bullish fractal; AO and AC are in green zone; there is Green bar on the MFI and might be Squat one too. Bearish fractal may reach Alligator’s lips (green line).
At H1 chart of USD/CAD, Alligator is opening its mouth upwards. Indicators are in green zone; there is Fade bar on the MFI and might be Squat one too. I expect breakout of fractals to the upside.
NZD/USD
At H4 chart of NZD/USD, Alligator is still moving southwards. Indicators are in green zone; we can see Saucer signal on AO; there is Green bar on the MFI. I expect breakout of fractals to the downside.
At H1 chart of NZD/USD, Alligator is reversing downwards. AO and AC are in red zone; there is Fade bar on the MFI. I expect angulation to close and then breakout of fractals to the downside.
RoboForex Analytical Department