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Market Analysis & Forecasts
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.
RoboForex Analytical Department
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.