Analysis for February 24th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving upwards. Indicators are in red zone; angulation is closing; there might be Squat bar on the MFI. Bearish fractal may reach Alligator’s jaw (blue line).
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_27.png)
At H1 chart of USD CAD, Alligator is sleeping. Price is forming bullish fractal; indicators are in red zone; there is Green bar on the MFI and might be Squat one too. I expect slight breakout of fractals to the downside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/38/usd_cadbil2_27.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is moving southwards. Price is forming bullish fractal; indicators are in red zone; there are no Squat bars 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/12/nzd_usdbil1_30.png)
At H1 chart of NZD USD, Alligator is sleeping. AO and AC are in green zone; there are no Squat bars on the MFI. I expect slight breakout of fractals to the upside.
RoboForex Analytical Department