Analysis for July 23rd, 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 in red zone; [rice is forming bearish fractal; there is Fade bar on the MFI and might be Squat one too. Pair is expected to slightly break fractals to the downside and D Alligator’s teeth.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/july/23/usd_cadbil1.png)
At H1 chart of USD CAD, Alligator is moving downwards. AO and AC are in grey zone; angulation is open (significant deviation of price from Alligator’s teeth); there might be Squat bar on the MFI. Pair is expected to slightly break fractals to the downside and close angulation.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/july/23/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 green zone; there might be Squat bar on the MFI. Bullish fractal may reach Alligator’s teeth, and then I expect breakout of fractals to the downside.
![](https://roboforex.com/files/filemanager/image/forecasts/2014/july/23/nzd_usdbil1.png)
At H1 chart of NZD USD, Alligator is sleeping. AO and AC are in grey zone; there are no Squat bars on the MFI. After two fractals equidistant from Alligator’s mouth, I expect breakout of fractals to the downside.
RoboForex Analytical Department