Bill Williams’ Indicators Analysis 29.01.2014 (USD/CAD, NZD/USD)
29.01.2014
Analysis for January 29th, 2014
USD/CAD
At H4 chart of USD/CAD, Alligator is still moving upwards. Indicators are in red zone, AC is close to balance line; we can see divergence with AO; there might be Squat bar on the MFI. After bullish fractal, I expect breakout of fractals to the downside.
At H1 chart of USD/CAD, Alligator is closing its lips. Indicators are in red zone, AC is near balance line; angulation is almost closed; there are no Squat bars on the MFI. I expect slight breakout of fractals to the upside.
NZD/USD At H4 chart of NZD/USD, Alligator is sleeping. Indicators are in grey 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 upwards. Indicators are in red zone; price s forming bearish fractal; we can see divergence with AO; there is Green bar on the MFI and no Squat ones. Bearish fractal may break Alligator’s jaw (blue line) and then I expect breakout of fractals to the upside.
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