Analysis for December 20th, 2013
USD/CAD
At H4 chart of USD/CAD, Alligator is moving upwards. Angulation is closing; AO and AC are in red zone; there might be Squat bar on the MFI. Bearish fractal may reach Alligator’s teeth (red line).
At H1 chart of USD/CAD, Alligator is sleeping. AO is in green zone, AC is near balance line; there are no Squat bars on the MFI. I expect breakout of fractals to the upside.
NZD/USD
At H4 chart of NZD/USD, Alligator is moving downwards. AO and AC are in green zone; there might be Squat bar on the MFI. Bullish fractal may reach Alligator’s jaw (blue line) and then I expect breakout of fractals to the downside.
At H1 chart of NZD/USD, Alligator is sleeping. AO is in red zone, AC is very close to balance line; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.
RoboForex Analytical Department