Bill Williams’ Indicators Analysis 07.07.2014 (USD/CAD, NZD/USD)

Analysis for July 7^th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is closing its mouth. Indicators are in green zone, we can still see divergence with AO; there is Squat bar on the MFI. I expect breakout of fractals to the upside.



At H1 chart of USD CAD, Alligator reversed upwards. AO and AC are in grey zone; there might be Squat bar on the MFI. After bearish fractal, I expect breakout of fractals to the upside.

NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator is reversing downwards. AO and AC are in red zone; there is Green bar on the MFI and might be Squat one too. After bullish fractal, I expect breakout of fractals to the downside.



At H1 chart of NZD USD, Alligator is moving southwards. AO and AC are in red zone; angulation is open; there might be Squat bar on the MFI. I expect breakout of fractals to the downside.



 
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