Bill Williams’ Indicators Analysis 23.01.2014 (USD/CAD, NZD/USD)
23.01.2014
Analysis for January 23rd, 2014
USD/CAD
At H4 chart of USD/CAD, Alligator is slowly moving upwards. Angulation is open; indicators are in green zone; there is Squat bar on the MFI. Bearish fractal may reach Alligator’s lips (green line).
At H1 chart of USD/CAD, Alligator is moving northwards. Angulation is open; indicators are in red zone; there are no Squat bars on the MFI. Bearish fractal may reach Alligator’s jaw (blue line).
NZD/USD
At H4 chart of NZD/USD, Alligator is still sleeping. Indicators are in red zone; there might be Squat bar on the MFI. After two equidistant fractals, I expect breakout of fractals to the upside.
At H1 chart of NZD/USD, Alligator reversed downwards. AO and AC are in green zone; there is Green bar on the MFI and no Squat ones. Bullish fractal may break Alligator’s mouth.
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