Analysis for April 3rd, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving downwards. Indicators are in grey zone; there might be Squat bar on the MFI. Bullish fractal may reach H4 Alligator’s teeth (red line), and then I expect breakout of fractals to the downside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_55.png)
At H1 chart of USD CAD, Alligator is sleeping. AC is in red zone, AO is near balance line; there is Squat bar on the MFI. After two equidistant fractals, I expect breakout of fractals to the downside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/38/usd_cadbil2_55.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator reversed downwards. AO and AC are in grey zone; there is Squat bar on the MFI. I expect slight breakout of fractals to the downside towards D Alligator’s teeth.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/12/nzd_usdbil1_58.png)
At H1 chart of NZD USD, Alligator is moving downwards. AO and AC are in green zone; price is forming bullish fractal; there might be Squat bar on the MFI. Bullish fractal may reach Alligator’s jaw (blue line).
RoboForex Analytical Department