Bill Williams’ Indicators Analysis 08.01.2014 (USD/CAD, NZD/USD)
08.01.2014
Analysis for January 8th, 2014
USD/CAD
At H4 chart of USD/CAD, Alligator reversed upwards. Indicators are in grey zone; angulation is open; there is Fade bar on the MFI and might be Squat one too. I expect slight breakout of fractals to the upside.
At H1 chart of USD/CAD, Alligator is moving upwards. Angulation is weak; AO and AC are in red zone; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.
NZD/USD
At H4 chart of NZD/USD, Alligator is moving northwards. Indicators are in red zone; there might be Squat bar on the MFI. After bearish fractal, I expect breakout of fractals to the upside.
At H1 chart of NZD/USD, Alligator is sleeping. AO and AC are in grey zone, very close to balance line; there is Green bar on the MFI and might be Squat one too. After two equidistant fractals, I expect breakout of fractals to the upside.
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