Analysis for April 21st, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving upwards. Price is forming bullish fractal; AO is in green zone, AC is near balance line; there might be Squat bar on the MFI. Bullish fractal may reach D Alligator’s jaw.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/April/21/usd_cadbil1.jpg)
At H1 chart of USD CAD, Alligator is also moving upwards. Price is forming bearish fractal; indicators are in red zone; there is Green bar on the MFI and might be Squat one too. I expect breakout of fractals to the upside.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/April/21/usd_cadbil2.jpg)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is moving southwards. AO and AC are in green zone; there are no Squat bars on the MFI. Bullish fractal may reach Alligator’s jaw (blue line).
![](https://roboforex.com/uploads/roboforecast/roboforex_com/12/nzd_usdbil1_67.png)
At H1 chart of NZD USD, Alligator is moving downwards. AO is in green zone, AC is near balance line; there are no Squat bars on the MFI. I expect slight breakout of Alligator’s mouth to the upside.
RoboForex Analytical Department