Analysis for October 21st, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is moving downwards. The price is forming a bullish fractal; AO and AC are in the green zone; the angle of angulation is closing; there is a Green bar on the MFI. The bullish fractal near the Alligator’s lips.
![](https://roboforex.com/files/filemanager/image/forecasts/2013/october/21/usd_cadbil1.jpg)
At the H1 chart of the USD/CAD currency pair, the Alligator is closing its mouth. The price is forming a bullish fractal; AO and AC are near the balance line; there might be a Squat bar on the MFI. The bullish fractal may break the Alligator’s jaw (blue line).
![](https://roboforex.com/files/filemanager/image/forecasts/2013/october/21/usd_cadbil2.jpg)
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is moving upwards. The angulation is closing; AC and AO are in the red zone; there might be a Squat bar on the MFI. A bearish fractal nay reach the Alligator’s teeth (red line).
![](https://roboforex.com/files/filemanager/image/forecasts/2013/october/21/nzd_usdbil1.jpg)
At the H1 chart of the NZD/USD currency pair, the Alligator is closing its mouth. The price is forming a bearish fractal; AO and AC are in the red zone, very close to the balance line; there is a Green bar on the MFI. The price is expected to fall down a little bit and break the Alligator’s jaw.
RoboForex Analytical Department