Analysis for September 13th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is moving downwards. The indicators are in the green zone; the angulation is closing; there is a Green bar on the MFI. A divergence with AO may force the price to move upwards and break the Alligator’s jaw (blue line).
At the H1 chart of the USD/CAD currency pair, the Alligator is sleeping. The price is forming a bullish fractal; the indicators are in the green zone; there is a Squat bar on the MFI. I expect the price to move upwards.
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is moving upwards. The price is forming a bullish fractal; the indicators are in the red zone; the angulation is closing; there is a Green bar on the MFI. The price is expected to move downwards.
At the H1 chart of the NZD/USD currency pair, the Alligator is sleeping. AO and AC are in the green zone; the price forming a bullish fractal; the angle of angulation is closed; there is a Fade bar on the MFI. I expect the price to move downwards.
RoboForex Analytical Department