Bill Williams’ Indicators Analysis 04.06.2014 (USD/CAD, NZD/USD)

Analysis for June 4^th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is moving upwards. Angulation is open; AO is in green zone, AC is very close to balance line; there is Squat bar on the MFI. I expect angulation to close and then breakout of fractals to the upside towards D Alligator’s jaw.



At H1 chart of USD CAD, Alligator is closing its lips (green line). AO and AC are in grey zone; there is Fade bar on the MFI and might be Squat one too. Bearish fractal may reach Alligator’s jaw (blue line), and then 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 downwards. Indicators are in red zone; there is Green bar on the MFI and no Squat ones. Bullish fractal may reach Alligator’s lips (green line), and then I expect breakout of fractals to the downside towards W Alligator’s teeth.



At H1 chart of NZD USD, Alligator is also moving downwards. AO and AC are in green zone; there is Squat bar on the MFI. Bullish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the downside.



 
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