Analysis for February 28th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving upwards. Price completed bearish fractal; indicators are in red zone; there might be Squat bar on the MFI. I expect slight breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_31.png)
At H1 chart of USD CAD, Alligator is closing its mouth. Price is forming bullish fractal; indicators are in green zone; there is Green bar on the MFI and might be Squat one too. After bullish fractal, I expect breakout of fractals to the downside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/38/usd_cadbil2_31.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is moving northwards again. Indicators are in grey zone; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/12/nzd_usdbil1_34.png)
At H1 chart of NZD USD, Alligator is also moving upwards. Price is forming bullish fractal; AO and AC are in red zone; there is Green bar on the MFI and might be Squat one too. Bearish fractal may reach Alligator’s jaw (blue line).
RoboForex Analytical Department