Bill Williams’ Indicators Analysis 24.01.2014 (USD/CAD, NZD/USD)

24.01.2014

Analysis for January 24th, 2014

USD/CAD

At H4 chart of USD/CAD, Alligator is still moving upwards. Angulation is open; indicators are in red zone; there is Squat bar on the MFI. Bearish fractal may reach Alligator’s lips (green line), and then I expect breakout of fractals to the upside.



At H1 chart of USD/CAD, Alligator is closing its mouth. Angulation is closed; indicators are in green zone; there is Squat bar on the MFI. I expect slight breakout of fractals to the downside.



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 bearish fractal, I expect breakout of fractals to the upside.



At H1 chart of NZD/USD, Alligator is moving downwards. AO and AC are in red zone; there is Squat bar on the MFI. I expect breakout of fractals to the downside.



 
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