Bill Williams’ Indicators Analysis 26.03.2014 (USD/CAD, NZD/USD)
26.03.2014
Analysis for March 26th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator closed its mouth. Indicators are in red 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.
At H1 chart of USD CAD, Alligator is moving downwards. Price is forming bearish fractal; indicators are in red zone; there are no Squat bars on the MFI. Bullish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the downside.
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is opening its mouth upwards. AO and AC are in green zone; price is forming bullish fractal; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.
At H1 chart of NZD USD, Alligator is moving upwards. AO and AC are in grey zone; there is Squat bar on the MFI. Bearish fractal may reach Alligator’s lips, and then I expect breakout of fractals to the upside.
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