Bill Williams’ Indicators Analysis 15.01.2014 (USD/CAD, NZD/USD)
15.01.2014
Analysis for January 15th, 2014
USD/CAD
At H4 chart of USD/CAD, Alligator is moving northwards. Indicators are in grey zone; 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. Indicators are in red zone; price is forming bearish fractal; there is Fade bar on the MFI and no Squat ones. Bearish fractal may reach Alligator’s jaw (blue line).
NZD/USD
At H4 chart of NZD/USD, Alligator is sleeping. Angulation is closed; price is completing bearish fractal; indicators are in red zone; there might be Squat bar on the MFI. Bearish fractal may reach Alligator’s jaw.
At H1 chart of NZD/USD, Alligator is reversing southwards. Price is forming bullish fractal; AO and AC are in grey zone; there is Fade bar on the MFI and might be Squat one too. After bullish fractal, I expect slight breakout of fractals to the downside.
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.