Bill Williams’ Indicators Analysis 17.04.2014 (USD/CAD, NZD/USD)
17.04.2014
Analysis for April 17th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is sleeping. Price is forming bullish fractal; AO is in green zone, AC is near balance line; there might be Squat bar on the MFI. I expect slight breakout of fractals to the upside.
At H1 chart of USD CAD, Alligator is moving upwards. Indicators are in red zone; there might be 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 reversed upwards. Price is forming bullish fractal; AO and AC are in green zone; there might be Squat bar on the MFI. I expect slight breakout of fractals to the downside.
At H1 chart of NZD USD, Alligator is closing its mouth. Indicators are in green zone; there are no Squat bars on the MFI. I expect price to break Alligator’s mouth upwards and then breakout of fractals to the downside.
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