Analysis for April 7th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving downwards. Indicators are in red zone; there is Squat bar on the MFI. Bullish fractal may reach Alligator’s lips (green line), and then I expect breakout of fractals to the downside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_57.png)
At H1 chart of USD CAD, Alligator opened its mouth southwards. AO and AC are in green zone; there is Squat bar on the MFI. Bullish fractal may reach Alligator’s jaw (blue line).
![](https://roboforex.com/uploads/roboforecast/roboforex_com/38/usd_cadbil2_57.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is closing its mouth. AO and AC are in green zone; there is Squat bar on the MFI. I expect breakout of fractals to the upside.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/April/07/nzd_usdbil1.jpg)
At H1 chart of NZD USD, Alligator reversed upwards. AO and AC are in green 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