Analysis for May 28th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving downwards; D Alligator is moving downwards as well. AO and AC are in green zone; there is Squat bar on the MFI. Bullish fractal may reach H4 Alligator’s teeth (red line), and then I expect breakout of fractals to the downside.
At H1 chart of USD CAD, Alligator is sleeping. AO and AC are in green zone, very close to balance line; there is Fade bar on the MFI and might be Squat one too. After two equidistant fractals, I expect breakout of fractals to the downside.
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is sleeping. Indicators are in red zone; there are no Squat bars on the MFI. I expect slight breakout of fractals to the downside.
At H1 chart of NZD USD, Alligator reversed southwards. AO and AC are in red zone; there are no Squat bars on the MFI. I expect breakout of fractals to the downside.
RoboForex Analytical Department