Bill Williams’ Indicators Analysis 11.03.2014 (USD/CAD, NZD/USD)
11.03.2014
Analysis for March 11th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator reversed upwards. Price is forming bullish fractal; indicators are in green zone; there is Squat bar on the MFI. I expect breakout of fractals to the upside.
At H1 chart of USD CAD, Alligator is moving upwards. Angulation is closing; indicators are in red zone, very close to balance line; there is 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 moving upwards. Indicators are in green zone; price is forming bullish fractal; there is Squat bar on the MFI. I expect slight breakout of fractals to the upside; bearish fractal may reach Alligator’s jaw (blue line).
At H1 chart of NZD USD, Alligator is reversing upwards. AO and AC are in green zone; there are no Squat bars on the MFI. I expect breakout of fractals to the upside.
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