Analysis for September 18th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator opened its mouth downwards. We can see a divergence with AO; the indicators are in the red zone; there is a Green bar on the MFI. I expect the price to move downwards a little bit.
At the H1 chart of the USD/CAD currency pair, the Alligator is moving downwards. The indicators are in the green zone; there is a Squat bar on the MFI. I expect the price to move downwards.
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is moving upwards. The indicators are in the green zone; there is a Fade bar on the MFI. The price is expected to move upwards.
At the H1 chart of the NZD/USD currency pair, the Alligator opened its mouth upwards. AO and AC are in the grey zone; there is a Green bar on the MFI. A bearish fractal may reach the Alligator’s teeth.
RoboForex Analytical Department