Analysis for July 22nd, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is closing its mouth near D Alligator’s teeth. Indicators are near balance line; there is Fade bar on the MFI and might be Squat one too. I expect breakout of fractals to the upside towards D Alligator’s jaw.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/july/22/usd_cadbil1.png)
At H1 chart of USD CAD, Alligator is sleeping. AO and AC are near balance line; there are no Squat bars on the MFI. After two fractals equidistant from Alligator’s mouth, I expect breakout of fractals to the upside.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/july/22/usd_cadbil2.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 Fade bar on the MFI and might be Squat one too. Bearish fractal may reach D Alligator’s jaw.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/july/22/nzd_usdbil1.png)
At H1 chart of NZD USD, Alligator is sleeping. AO is in red zone, AC is near balance line; there is Squat bar on the MFI. Bullish fractal may reach Alligator’s jaw, and then I expect breakout of fractals to the downside.
RoboForex Analytical Department