Bill Williams’ Indicators Analysis 21.03.2014 (USD/CAD, NZD/USD)
21.03.2014
Analysis for March 21st, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving upwards. Angulation is open; indicators are in red zone; there is Squat bar on the MFI. I expect angulation to close and then breakout of fractals to the upside.
At H1 chart of USD CAD, Alligator is sleeping. Angulation is closed; indicators are near balance line; there is Fade bar on the MFI and might be Squat one too. After two fractals, equidistant from Alligator’s mouth, I expect breakout of fractals to the upside.
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator closed its mouth and is ready to reverse. Indicators are in green zone; price is forming bullish fractal; there is Squat bar on the MFI. I expect breakout of fractals to the downside.
At H1 chart of NZD USD, Alligator is closing its mouth. AO and AC are in green zone; there is Green bar on the MFI and might be Squat one too. Bullish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the downside.
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