Bill Williams’ Indicators Analysis 10.01.2014 (USD/CAD, NZD/USD)
10.01.2014
Analysis for January 10th, 2014
USD/CAD
At H4 chart of USD/CAD, Alligator is moving upwards. Price is forming bullish fractal; indicators are in red zone; angulation is closing; there might be Squat bar on the MFI. After bullish fractal, I expect slight breakout of fractals to the downside.
At H1 chart of USD/CAD, Alligator closed its lips (green line). AO is near balance line, AC is in green zone; there is Squat bar on the MFI. I expect breakout of fractals to the downside.
NZD/USD
At H4 chart of NZD/USD, Alligator closed its mouth. Indicators are in red zone; price is forming bullish fractal; there is Squat bar on the MFI. I expect slight breakout of fractals to the downside.
At H1 chart of NZD/USD, Alligator is moving downwards. AO is in red zone, AC is near balance line; there is Green bar on the MFI and might be Squat one too. Bullish fractal may reach Alligator’s jaw.
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