Bill Williams’ Indicators Analysis 16.04.2014 (USD/CAD, NZD/USD)
16.04.2014
Analysis for April 16th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is sleeping. Price is forming bearish fractal; AO and AC are in grey zone; there might be Squat bar on the MFI. Bullish fractal may reach D Alligator’s jaw, and then I expect breakout of fractals to the downside.
At H1 chart of USD CAD, Alligator is sleeping. Indicators are in grey zone; there is Squat bar on the MFI. 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. Price is forming bullish fractal; AO and AC are in grey zone; there might be Squat bar on the MFI. I expect breakout of fractals to the downside.
At H1 chart of NZD USD, Alligator is moving downwards. We can see divergence with AO; indicators are in grey zone; there is Squat bar on the MFI. I expect price to complete bearish fractal and break Alligator’s mouth upwards.
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