Analysis for May 3rd, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is still closing its mouth. The angle of angulation is closed; the indicators are in the green zone; there is a Fade bar on the MFI, however there might be a Squat one too. I closed my sell order with a small profit and plan to open a new one after a correction.

At the H1 chart of the USD/CAD currency pair, the Alligator is opening its mouth upwards. AO and AC indicators are in the green zone; there are two Squat bars on the MFI. The market may break a bullish fractal.

NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is sleeping. The indicators are in the green zone; the price finished a bearish fractal; there might be a Squat bar on the MFI. I opened a buy order; a protective stop is in the black.

At the H1 chart of the NZD/USD currency pair, the Alligator is going to sleep. The indicators are in the grey zone; there are Squat bars on the MFI; the price is finishing a bullish fractal. The market may break the fractals upwards.
RoboForex Analytical Department