Analysis for April 29th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is sleeping. Price completed bullish fractal close to D Alligator’s jaw; AO and AC are in grey zone; there might be Squat bar on the MFI. Price may finish bearish fractal below Alligator’s jaw (blue line) and then I expect breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_72.png)
At H1 chart of USD CAD, Alligator is sleeping. Indicators are in red zone; there is Squat bar on the MFI. After two equidistant fractal, I expect breakout of fractals to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/38/usd_cadbil2_72.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is moving southwards. AO and AC are in grey zone; there is Squat bar on the MFI. Bullish fractal may reach Alligator’s teeth (red line) and close angulation, and then I expect slight breakout of fractals to the downside towards D Alligator’s jaw.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/12/nzd_usdbil1_73.png)
At H1 chart of NZD USD, Alligator is also moving downwards. Price is forming bullish fractal; AO and AC are in green zone; there is Squat bar on the MFI. Bullish fractal may break Alligator’s jaw (blue line), and then I expect breakout of fractals to the downside.
RoboForex Analytical Department