Analysis for June 27th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USDCAD, Alligator is heading down, AO and AC are in red zone, MFI shows growth without squat bars. Bullish fractal can reach mouth of Alligator (green line), after that I expect that fractals will be broken out to the downside.
At H1 chart of USDCAD, Alligator is going down, AO and AC are in gray zone, MFI is declining with probability of squat bar. Bullish fractal can reach jaw of Alligator (blue line), then I expect breakout of fractals to the downside.
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZDUSD, Alligator is heading up, indicators are in gray zone, squat bar can appear of MFI. Expecting slight breakout of fractals to the upside.
At H1 chart of NZDUSD Alligator is heading up, AO is in the red zone, AC is on the balance line, no squat bars are visible on MFI. Bearish fractal can reach jaw (blue line), then I expect breakout of fractals to the upside.
RoboForex Analytical Department