Article By RoboForex.com
Analysis for December 4th, 2013
USD/CAD
At H4 chart of USD/CAD, Alligator is moving northwards. Price is forming bullish fractal; AO is in green zone; there might be Squat bar on the MFI. I expect slight breakout of fractals to the upside.
At H1 chart of USD/CAD, Alligator continues moving upwards. Indicators are in green zone; there is Squat bar on the MFI. I expect breakout of fractals to the upside.
NZD/USD
At H4 chart of NZD/USD, Alligator is reversing upwards. Price is forming bullish fractal; indicators are in green zone; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.
At H1 chart of NZD/USD, Alligator is moving northwards. Angulation is open; AO and AC are in grey zone; there is Green bar on the MFI and might be Squat one too. Bearish fractal may reach Alligator’s teeth (red line) and then I expect slight breakout of fractals to the upside.
RoboForex Analytical Department
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
