Analysis for May 21st, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is reversing northwards. Indicators are in green zone; price finished bearish fractal above Alligator’s mouth; there is Squat bar on the MFI. Bullish fractal may reach D Alligator’s teeth.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/13/usd_cadbil1_88.png)
At H1 chart of USD CAD, Alligator is moving upwards. AO and AC are in green zone; there might be Squat bar on the MFI. Bearish fractal may reach Alligator’s jaw (blue line).
![](https://roboforex.com/uploads/roboforecast/roboforex_com/38/usd_cadbil2_88.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is moving downwards. AO and AC are in grey zone; there is Squat bar on the MFI. 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_89.png)
At H1 chart of NZD USD, Alligator is moving southwards. AO and AC are in grey zone; there are no Squat bars on the MFI. Bullish fractal may reach Alligator’s teeth (red line).
RoboForex Analytical Department