Analysis for September 25th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. AC and AO are in the grey zone; there is a Squat bar on the MFI. I expect the price to form a bearish fractal and then break the Alligator’s jaw upwards.
At the H1 chart of the USD/CAD currency pair, the Alligator is opening its mouth upwards. AO and AC are very close to the balance line; there is a Fade 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 making a reverse. AO and AC are in the grey zone; there is a Squat bar on the MFI. The price is expected to move downwards.
At the H1 chart of the NZD/USD currency pair, the Alligator is moving downwards. AO in in the green zone, AC is near the balance line; there is a Fade bar on the MFI. A bullish fractal may reach the Alligator’s jaw (blue line).
RoboForex Analytical Department