Bill Williams’ Indicators Analysis 09.01.2014 (USD/CAD, NZD/USD)
09.01.2014
Analysis for January 9th, 2014
USD/CAD
At H4 chart of USD/CAD, Alligator is moving upwards. Indicators are in red zone; angulation is open; there might be Squat bar on the MFI. I expect slight breakout of fractals to the upside.
At H1 chart of USD/CAD, Alligator is also moving upwards. Price is finishing bearish fractal; 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 closing its mouth. Indicators are in red zone; price completed bearish fractal; we can see divergence with AO; there might be Squat bar on the MFI. I expect slight breakout of fractals to the downside.
At H1 chart of NZD/USD, Alligator reversed downwards. AO and AC are in green zone; price is forming bullish fractal; there might be Squat bar on the MFI. I expect breakout of fractals to the downside.
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