Analysis for May 8th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving downwards. Indicators are in green zone; there might be Squat bar on the MFI. After bearish fractal, bullish fractal may close the angulation.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_79.png)
At H1 chart of USD CAD, Alligator is closing its mouth. AO is in green zone, AC is close to balance line; there might be Squat bar on the MFI. After bearish fractal, I expect breakout of fractal to the upside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/38/usd_cadbil2_79.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is closing its mouth. Price is forming bearish fractal; AO and AC are in grey zone; there might be Squat bar on the MFI. Bearish fractal may reach D Alligator’s teeth.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/12/nzd_usdbil1_80.png)
At H1 chart of NZD USD, Alligator reversed downwards. AO is in red zone, AC is near balance line; there is Squat bar on the MFI. After bullish fractal, I expect breakout of fractals to the downside.
RoboForex Analytical Department