Analysis for April 24th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving upwards. Indicators are in red zone; there might be Squat bar on the MFI; bullish fractal reached D Alligator’s jaw. I expect breakout of fractals to the downside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_69.png)
At H1 chart of USD CAD, Alligator is sleeping. Indicators are in grey zone; there is Squat bar on the MFI. After two equidistant fractals, I expect breakout of fractals to the downside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/38/usd_cadbil2_69.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 green zone; there is Green bar on the MFI and might be Squat one too. Bearish fractal may reach Alligator’s teeth, and then I expect breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/12/nzd_usdbil1_70.png)
At H1 chart of NZD USD, Alligator is reversing upwards. Price is forming bearish fractal; angulation is open; indicators are in green zone; there is Green bar on the MFI and no Squat ones. Bearish fractal may reach Alligator’s mouth, and then I expect breakout of fractals to the upside.
RoboForex Analytical Department