Bill Williams’ Indicators Analysis 06.01.2014 (USD/CAD, NZD/USD)
06.01.2014
Analysis for January 6th, 2014
USD/CAD
At H4 chart of USD/CAD, Alligator is opening its mouth downwards. AO and AC are in grey zone; there might be Squat bar on the MFI. I expect breakout of fractal to the downside.
At H1 chart of USD/CAD, Alligator is moving southwards. AO and AC are in red zone; there might be Squat bar on the MFI. Bullish fractal may reach Alligator’s jaw (blue line) and then I expect breakout of fractals to the downside.
NZD/USD
At H4 chart of NZD/USD, Alligator is moving northwards. Price is forming bearish fractal; indicators are in red zone; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.
At H1 chart of NZD/USD, Alligator is closing its lips. AO and AC are in grey zone; there are no Squat bars on the MFI. Bearish fractal may reach Alligator’s jaw (blue line) and then I expect breakout of fractals to the upside.
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