Analysis for January 6th, 2014
USD/CAD
At H4 chart of USD/CAD, Alligator is opening its mouth downwards. AO and AC are in grey zone; there might be Squat bar on the MFI. I expect breakout of fractal to the downside.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/January/06/usd_cadbil1.jpg)
At H1 chart of USD/CAD, Alligator is moving southwards. AO and AC are in red zone; there might be Squat bar on the MFI. Bullish fractal may reach Alligator’s jaw (blue line) and then I expect breakout of fractals to the downside.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/January/06/usd_cadbil2.jpg)
NZD/USD
At H4 chart of NZD/USD, Alligator is moving northwards. Price is forming bearish fractal; indicators are in red zone; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/January/06/nzd_usdbil1.jpg)
At H1 chart of NZD/USD, Alligator is closing its lips. AO and AC are in grey zone; there are no Squat bars on the MFI. Bearish fractal may reach Alligator’s jaw (blue line) and then I expect breakout of fractals to the upside.
RoboForex Analytical Department