Bill Williams’ Indicators Analysis 21.04.2014 (USD/CAD, NZD/USD)
21.04.2014
Analysis for April 21st, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving upwards. Price is forming bullish fractal; AO is in green zone, AC is near balance line; there might be Squat bar on the MFI. Bullish fractal may reach D Alligator’s jaw.
At H1 chart of USD CAD, Alligator is also moving upwards. Price is forming bearish fractal; indicators are in red zone; there is Green bar on the MFI and might be Squat one too. I expect breakout of fractals to the upside.
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is moving southwards. AO and AC are in green zone; there are no Squat bars on the MFI. Bullish fractal may reach Alligator’s jaw (blue line).
At H1 chart of NZD USD, Alligator is moving downwards. AO is in green zone, AC is near balance line; there are no Squat bars on the MFI. I expect slight breakout of Alligator’s mouth to the upside.
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