Analysis for July 18th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving upwards. Pair completed bearish fractal; AO is in red zone, AC is near balance line; there is Squat bar on the MFI. 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/18/usd_cadbil1.png)
At H1 chart of USD CAD, Alligator is sleeping. AC is in red zone, AO is near balance line; there is Fade bar on the MFI and might be Squat one too. After bullish fractal, I expect breakout of fractals to the downside.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/july/18/usd_cadbil2.png)
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is still moving downwards. AC is near balance line, AO is in green zone; there is Squat bar on the MFI. Bullish fractal may reach Alligator’s teeth (red line), and then I expect breakout of fractals to the downside towards D Alligator’s jaw.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/july/18/nzd_usdbil1.png)
At H1 chart of NZD USD, Alligator is going to sleep. We can see divergence with AO; price is forming bullish fractal; indicators are in grey zone; there is Fade bar on the MFI and might be Squat one too. I expect slight breakout of fractals to the upside.
RoboForex Analytical Department