Analysis for October 29th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is moving upwards. The indicators are in the red zone; the price is forming a bearish fractal; there is a Squat bar on the MFI. A bearish fractal may reach the Alligator’s teeth (red line), and then I expect the price to move upwards.
![](https://roboforex.com/files/filemanager/image/forecasts/2013/october/29/usd_cadbil1.jpg)
At the H1 chart of the USD/CAD currency pair, the Alligator is sleeping. The price is finishing a bearish fractal; AO and AC are in the red zone; there might be a Squat bar on the MFI. The pair is expected to fall down a little bit.
![](https://roboforex.com/files/filemanager/image/forecasts/2013/october/29/usd_cadbil2.jpg)
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is moving downwards. AO is in the green zone, AC is near the balance line; there might be a Squat bar on the MFI. A bullish fractal my reach the Alligator’s lips (green line).
![](https://roboforex.com/files/filemanager/image/forecasts/2013/october/29/nzd_usdbil1.jpg)
At the H1 chart of the NZD/USD currency pair, the Alligator is also moving downwards. AO and AC are in the grey zone; there is a Squat bar on the MFI. A bullish fractal may reach the Alligator’s jaw (blue line).
RoboForex Analytical Department