Bill Williams’ Indicators Analysis 24.03.2014 (USD/CAD, NZD/USD)
24.03.2014
Analysis for March 24th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving upwards. Indicators are in green zone; there is Squat bar on the MFI. Bearish fractal may reach Alligator’s teeth (red line), and then I expect breakout of fractals to the upside.
At H1 chart of USD CAD, Alligator is sleeping. Indicators are in grey zone, very close to balance line; there might be Squat bar on the MFI. 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 is sleeping. Indicators are in red zone; price formed bearish fractal; there might be Squat bar on the MFI. After bullish fractal, I expect breakout of fractals to the downside.
At H1 chart of NZD USD, Alligator is sleeping. AO and AC are in green zone; there is Green bar on the MFI and might be Squat one too. After two equidistant fractals, I expect breakout of fractals to the downside.
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