Analysis for February 17th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving downwards. Price is finishing bullish fractal; indicators are in green 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/uploads/roboforecast/roboforex_com/13/usd_cadbil1_22.png)
At H1 chart of USD CAD, Alligator almost closed its mouth. Indicators are in grey zone; price is forming bullish fractal; there is Fade bar on the MFI and no Squat ones. I expect slight breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/38/usd_cadbil2_22.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is moving upwards. Price is forming bearish fractal; AO and AC are in red zone; there might be Squat bar on the MFI. Bearish fractal may reach Alligator’s teeth (red line) and then I expect slight breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/12/nzd_usdbil1_25.png)
At H1 chart of NZD USD, Alligator is also moving upwards. AO and AC are in green zone; price is forming bullish fractal; there are no Squat bars on the MFI. After bullish fractal, I expect breakout of fractals to the downside.
RoboForex Analytical Department