Analysis for December 23rd, 2013
USD/CAD
At H4 chart of USD/CAD, Alligator is closing its mouth. Price is completing bearish fractal; AO and AC are in red zone; there is Squat bar on the MFI. I expect breakout of fractals to the downside.
At H1 chart of USD/CAD, Alligator is reversing downwards. AO an AC are in grey zone; there is Squat bar on the MFI. Bullish fractal may close angulation and then I expect breakout of fractals to the downside.
NZD/USD
At H4 chart of NZD/USD, Alligator is moving downwards. AO and AC are in green zone; there is Squat bar on the MFI. I expect slight breakout of fractals to the downside.
At H1 chart of NZD/USD, Alligator is sleeping. AO and AC are in red zone; there might be Squat bar on the MFI. I expect breakout of fractals to the downside.
RoboForex Analytical Department