Bill Williams’ Indicators Analysis 07.02.2014 (USD/CAD, NZD/USD)

Analysis for February 7^th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is sleeping. AO and AC are in green zone; there is Fade bar on the MFI and no Squat ones. Bullish fractal may reach Alligator’s jaw (blue line) and then I expect slight breakout of fractals to the downside.



At H1 chart of USD CAD, Alligator is sleeping. Indicators are in green zone; there is Fade bar on the MFI and no Squat ones. After two equidistant fractals, I expect breakout of fractals to the downside.

NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator reversed upwards. Indicators are in grey zone; there is Green bar on the MFI and no Squat ones. After bearish fractal, I expect breakout of fractals to the upside.



At H1 chart of NZD USD, Alligator is moving upwards. Price is forming bearish fractal; AO and AC are in red zone; there is Green bar on the MFI and no Squat ones. After bearish fractal, I expect breakout of fractals to the upside.



 
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