Analysis for April 17th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is sleeping. Price is forming bullish fractal; AO is in green zone, AC is near balance line; 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_65.png)
At H1 chart of USD CAD, Alligator is moving upwards. Indicators are in red zone; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/38/usd_cadbil2_65.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator reversed upwards. Price is forming bullish fractal; AO and AC are in green zone; there might be Squat bar on the MFI. I expect slight breakout of fractals to the downside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/12/nzd_usdbil1_65.png)
At H1 chart of NZD USD, Alligator is closing its mouth. Indicators are in green zone; there are no Squat bars on the MFI. I expect price to break Alligator’s mouth upwards and then breakout of fractals to the downside.
RoboForex Analytical Department