Analysis for July 17th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is going to sleep. Indicators are in red zone; there is Green bar on the MFI and might be Squat one too. Bearish fractal may reach Alligator’s jaw, and then I expect breakout of fractals to the upside towards D Alligator’s jaw.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/july/17/usd_cadbil1.png)
At H1 chart of USD CAD, Alligator is sleeping. Indicators are in red zone; there are no Squat bars on the MFI. Price is expected to break fractals to the downside and then form two fractals equidistant from Alligator’s mouth.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/july/17/usd_cadbil2.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is moving downwards. Angulation is open; AC is near balance line, AO is in green zone; there is Fade bar on the MFI and might be Squat one too. After bullish fractal, I expect breakout of fractals to the downside towards D Alligator’s jaw.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/july/17/nzd_usdbil1.png)
At H1 chart of NZD USD, Alligator is moving southwards. Price completed bearish fractal; AO and AC are in green zone; there is Green bar on the MFI and might be Squat one too. After bullish fractal, I expect breakout of fractals to the downside.
RoboForex Analytical Department