Analysis for May 19th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving downwards; D Alligator is also moving southwards. Indicators are in red zone; there is Green bar on the MFI and might be Squat one too. Bullish fractal may reach Alligator’s teeth (red line), and then I expect breakout of fractals to the downside.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_86.png)
At H1 chart of USD CAD, Alligator is moving downwards. AO and AC are in red zone; there are no Squat bars on the MFI. After bearish fractal, bullish fractal may reach Alligator’s teeth.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/38/usd_cadbil2_86.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is sleeping. AO and AC are in green zone, very close to balance line; there is Fade bar on the MFI and might be Squat one too. 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_87.png)
At H1 chart of NZD USD, Alligator closed its mouth. AO and AC are in red zone; there is Green bar on the MFI and might be Squat one too. I expect slight breakout of fractals to the downside and then to the upside.
RoboForex Analytical Department