Yea there is an animation for evade, not sure if it does it all the time but on my highlander its pretty damn noticable. One thing I would like them to do is turn party members evades a different color than red so i can always tell when I evade because sometimes I think I did but it was just the guy beside me. And be thankful we see the red evade at all, with fracture you just have to watch for the parry animation. I think if you have fracture on your bar they should give you a red parry too.