Analysis for October 25th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is moving upwards. The indicators are in the red zone; there is a Squat bar on the MFI. I expect the price to move upwards.
At the H1 chart of the USD/CAD currency pair, the Alligator is closing its lips (green line). The price is finishing a bullish fractal; we can see a divergence with AO; the indicators are in the green zone; there is a Green bar on the MFI. A bearish fractal may reach the Alligator’s jaw (blue line).
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator made a reverse downwards. AO and AC are in the grey zone; there might be a Squat bar on the MFI. A bullish fractal my reach the Alligator’s teeth (red line).
At the H1 chart of the NZD/USD currency pair, the Alligator is moving downwards. The price is finishing a bearish fractal; AO and AC are in the green zone; there is a Green bar on the MFI. A bullish fractal may reach the Alligator’s jaw (blue line).
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