Bill Williams’ Indicators Analysis 07.01.2014 (USD/CAD, NZD/USD)

07.01.2014

Analysis for January 7th, 2014

USD/CAD

At H4 chart of USD/CAD, Alligator is sleeping. Indicators are in green zone, we can see divergence with AO; 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 upwards. AO and AC are in grey zone; there might be Squat bar on the MFI. I expect breakout of fractals to the downside.



NZD/USD

At H4 chart of NZD/USD, Alligator is moving northwards. Indicators are in green zone; there is Green bar on the MFI and might be Squat one too. I expect breakout of fractals to the upside.



At H1 chart of NZD/USD, Alligator is moving upwards. AO and AC are in red zone; there might be Squat bar 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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