Analysis for September 20th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is closing its mouth. The indicators are in the green zone; there is a Squat bar on the MFI. A bullish fractal may reach the Alligator’s jaw.
At the H1 chart of the USD/CAD currency pair, the Alligator made a reverse upwards. The indicators are in the red zone; there is a Green bar on the MFI. I expect the price to complete the bullish fractal.
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is moving upwards. The angle of angulation is open; the indicators are in the red zone; there is a Squat bar on the MFI. The price is expected to move upwards.
At the H1 chart of the NZD/USD currency pair, the Alligator is closing its mouth. AO and AC are near the balance line; there is a Green bar on the MFI. A bearish fractal may reach the Alligator’s jaw.
RoboForex Analytical Department