Bill Williams’ Indicators Analysis 16.01.2014 (USD/CAD, NZD/USD)
16.01.2014
Analysis for January 16th, 2014
USD/CAD
At H4 chart of USD/CAD, Alligator is moving northwards. Indicators are in grey zone; we can see divergence with AO; there is Squat bar on the MFI. I expect breakout of fractals to the downside.
At H1 chart of USD/CAD, Alligator is sleeping. Indicators are in grey zone; price is forming bullish fractal; we can see divergence with AO; there is Green bar on the MFI. I expect slight breakout of fractals to the upside.
NZD/USD
At H4 chart of NZD/USD, Alligator is closing its mouth. Angulation is closed; price completed bearish fractal; indicators are in red zone; there is Squat bar on the MFI. I expect slight breakout of Alligator’s jaw to the downside.
At H1 chart of NZD/USD, Alligator is moving southwards. Price is finishing bullish fractal; AO and AC are in green zone; there is Green bar on the MFI and no Squat ones. After bullish fractal, I expect breakout of fractals to the downside.
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