Analysis for April 8th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is still moving downwards. Indicators are in green zone; price completed bearish fractal; there might be 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_58.png)
At H1 chart of USD CAD, Alligator is also moving southwards. AO and AC are in green zone; price is forming bullish fractal; 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_58.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is sleeping. AO and AC are in grey zone; there is Squat bar on the MFI. I expect two fractals, equidistant from Alligator’s mouth.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/April/08/nzd_usdbil1.jpg)
At H1 chart of NZD USD, Alligator is moving upwards. AO and AC are in green zone; there is Squat bar on the MFI. Bearish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the upside.
RoboForex Analytical Department