Bill Williams’ Indicators Analysis 31.01.2014 (USD/CAD, NZD/USD)
31.01.2014
Analysis for January 31th, 2014
USD/CAD
At H4 chart of USD/CAD, indicators are in green zone again. We can see divergence with AO; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.
At H1 chart of USD/CAD, Alligator is sleeping. Angulation is closed; indicators are in green zone, AO is near balance line; there might be Squat bar on the MFI. Bearish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the upside.
NZD/USD
At H4 chart of NZD/USD, Alligator is moving downwards. Indicators are in grey zone; angulation s open; there might be Squat bar on the MFI. After bearish fractal, I expect angulation to close.
At H1 chart of NZD/USD, Alligator is also moving downwards. Indicators are in red zone; we can see divergence with AO; there is Fade bar on the MFI. After bullish fractal, I expect breakout of fractals to the downside.
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