Bill Williams’ Indicators Analysis 20.02.2014 (USD/CAD, NZD/USD)
20.02.2014
Analysis for February 20th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving upwards. Price completed bullish fractal; indicators are in grey zone; there are Squat bars 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 also moving upwards. Indicators are in res zone; 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, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is reversing downwards. Price is forming bullish fractal; indicators are in red zone; there might be Squat bar on the MFI. Bullish fractal may reach Alligator’s teeth (red line), and then I expect breakout of fractals to the downside.
At H1 chart of NZD USD, Alligator is moving downwards. 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).
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