Analysis for December 19th, 2013
USD/CAD
At H4 chart of USD/CAD, Alligator reversed upwards. Angulation is open; price is forming bullish fractal; AO and AC are in green zone; there might be Squat bar on the MFI. Bearish fractal may reach Alligator’s lips (green line).
At H1 chart of USD/CAD, Alligator is moving upwards. AO and AC are in red zone; there might be Squat bar on the MFI. I expect slight breakout of fractals to the upside; bearish fractal may reach Alligator’s jaw (blue line).
NZD/USD
At H4 chart of NZD/USD, Alligator is reversing downwards. AO and AC are in red zone; we can see Saucer signal; there is Squat bar on the MFI. I expect breakout of fractals to the downside.
At H1 chart of NZD/USD, Alligator is moving southwards. AO and AC are in grey zone; there might be Squat bar on the MFI. Bullish fractal may reach Alligator’s jaw and then I expect breakout of fractals to the downside.
RoboForex Analytical Department