Analysis for December 9th, 2013
USD/CAD
At H4 chart of USD/CAD, Alligator is closing its mouth. Indicators are in grey zone; there might be Squat bar on the MFI. After bullish fractal, I expect breakout of fractals to the downside.
At H1 chart of USD/CAD, Alligator is sleeping. AC is in green zone, AO is near balance line; there is Squat bar on the MFI. I expect slight breakout of fractals to the downside and then new bullish fractal.
NZD/USD
At H4 chart of NZD/USD, Alligator is reversing upwards. Price is finishing bullish fractal; indicators are in green zone; there is Squat bar on the MFI. After bullish fractal, I expect new bearish fractal to reach Alligator’s mouth.
At H1 chart of NZD/USD, Alligator is moving northwards. Angulation is open; AO and AC are in grey zone; there is Squat bar on the MFI. I expect slight breakout of fractals to the upside.
RoboForex Analytical Department