Analysis for March 3rd, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is reversing downwards. Indicators are in grey zone; there might be Squat bar on the MFI. After bullish fractal, I expect breakout of fractals to the downside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_32.png)
At H1 chart of USD CAD, Alligator reversed downwards. Indicators are in green zone; we can see divergence with AO; 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_32.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is closing its lips (green line). Indicators are in red zone; there might be Squat bar on the MFI. Bearish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/12/nzd_usdbil1_35.png)
At H1 chart of NZD USD, Alligator is reversing downwards. Price is forming bullish fractal; AO and AC are in green zone; there is Green bar on the MFI and might be Squat one too. I expect slight breakout of fractals to the downside.
RoboForex Analytical Department