Analysis for January 10th, 2014
USD/CAD
At H4 chart of USD/CAD, Alligator is moving upwards. Price is forming bullish fractal; indicators are in red zone; angulation is closing; there might be Squat bar on the MFI. After bullish fractal, I expect slight breakout of fractals to the downside.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/January/10/usd_cadbil1.jpg)
At H1 chart of USD/CAD, Alligator closed its lips (green line). AO is near balance line, AC is in green zone; there is Squat bar on the MFI. I expect breakout of fractals to the downside.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/January/10/usd_cadbil2.jpg)
NZD/USD
At H4 chart of NZD/USD, Alligator closed its mouth. Indicators are in red zone; price is forming bullish fractal; there is Squat bar on the MFI. I expect slight breakout of fractals to the downside.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/January/10/nzd_usdbil1.jpg)
At H1 chart of NZD/USD, Alligator is moving downwards. AO is in red zone, AC is near balance line; there is Green bar on the MFI and might be Squat one too. Bullish fractal may reach Alligator’s jaw.
RoboForex Analytical Department