Analysis for June 19th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USDCAD, Alligator is sleeping, bullish fractal is completing, AO is near balance line, AC is in the red zone. MFI can show growth, squat bar can appear. Bullish fractal can reach teeth line (red one), then I expect breakout of fractals to the downside.
At H1 chart of USDCAD, Alligator had reversed to the downside, AO and AC are in the red zone, squat bar is seen on MFI. I expect that angulation will be liquidated and fractals will be broken out to the downside.
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZDUSD, Alligator is ascending. AO and AC are in the green zone. MFI grows and squat bar can appear. Bearish fractal can reach teeth line of Alligator (H4), then I expect breakout of fractal to the upside.
At H1 chart, Alligator is heading up, AO and AC are in the green zone, MFI has squat bar. Angulation is expected to be liquidated and bullish fractals broken out to the upsde.
Analysis for June 18th, 2014
AUD USD, “Australian Dollar vs US Dollar”
AUDUSD is probably continuing to consolidate and trades between lines of Super trends. Market tests 6/8 level, in case we see a pullback from this level, growth will be possible. After price accepts area above CT on H4, I plan to add to long position.
At H1 chart, price is located in the lower side of the structure. Price is consolidating near 0/8, which indicates possible beginning of the correction. More significant growth can be initiated after acceptance above 2/8.
GBP JPY, “Great Britain Pound vs Japanese Yen”
GBPJPY is probably returning to bullish scenario. Price is setting new highs, it allowed to move stops and reduce risk. Super trend lines provide support. 8/8 is considered to be a target.
At H1 chart, GBPJPY level 8/8 is broken out and stays in «overbought» area. Before that, sellers were not strong enough to push price to 6/8. It’s not excluded that we will see breakout of +2/8, it may lead to forming new structure.
XAG USD (Silver vs US Dollar)
Silver has pulled back from 4/8, later market has accepted area above Super trend lines. They have formed «bullish cross» before that. If price accepts area above 5/8, it will be a signal to growth to 8/8.
Levels are almost equal on both timeframes. Super trend lines have formed bullish cross, it strengthens power of buyers. Once price breaks out high, I will move my stop to breakeven.
Analysis for June 18th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USDCAD, Alligator is sleeping, AO is near balance line, MFI is growing and squat bar possibly can appear. Bullish fractal can reach jaw (blue line), then I expect breakout of fractals to the downside.
At H1 chart of USDCAD, Alligator is going up however indicators are in red zone, AC is on the balance line, MFI declines and squat bar can appear. Expecting breakout of fractals to the downside.
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZDUSD, Alligator’s momentum is exhausted but still goes higher. AO and AC are in gray zone. On MFI squat bar can appear. Fractal can reach teeth of Alligator, then I expect breakout of fractals to the upside.
Alligator is sleeping on H1 chart, AO and AC are on balance line, MFI can show squat bar. Expecting breakout of fractals to the upside.
