Analysis for April 23rd, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving upwards. Indicators are in green zone; there is Green bar on the MFI and no Squat ones. Bullish fractal may reach D Alligator’s jaw.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_68.png)
At H1 chart of USD CAD, Alligator started moving upwards again. Indicators are in red zone; there might be Squat bar on the MFI. I expect slight breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/38/usd_cadbil2_68.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is opening its mouth upwards. AO is near balance line, AC is in red zone; there is Fade bar on the MFI and no Squat ones. Bearish fractal may reach D Alligator’s teeth, and then I expect breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/12/nzd_usdbil1_69.png)
At H1 chart of NZD USD, Alligator reversed upwards. Price finished bearish fractal; indicators are in grey zone; there might be Squat bar on the MFI. Bearish fractal may break Alligator’s mouth, and then I expect breakout of fractals to the upside.
RoboForex Analytical Department