Analysis for July 8th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is reversing upwards. Indicators are in green zone; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/july/08/usd_cadbil1.png)
At H1 chart of USD CAD, Alligator is moving northwards. AO and AC are in grey zone; there is Fade bar on the MFI and might be Squat one too. After completing bearish fractal near Alligator’s jaw (blue line), I expect breakout of fractals to the upside.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/july/08/usd_cadbil2.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; there is Green bar on the MFI and might be Squat one too. After two fractals equidistant from Alligator’s mouth, I expect breakout of fractals to the downside.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/july/08/nzd_usdbil1.png)
At H1 chart of NZD USD, Alligator is sleeping. AO and AC are in red zone; there is Squat bar on the MFI. After bearish fractal, I expect slight breakout of fractals to the upside.
RoboForex Analytical Department