Bill Williams’ Indicators Analysis 21.07.2014 (USD/CAD, NZD/USD)

Analysis for July 21^st, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is sleeping. Indicators are in grey zone; there is Fade bar on the MFI and might be Squat one too. After two fractals equidistant from Alligator’s mouth, I expect breakout of fractals to the upside towards D Alligator’s jaw.



At H1 chart of USD CAD, Alligator started falling down slowly. AO and AC are in red zone; there is Fade bar on the MFI and might be Squat one too. After two fractals equidistant from Alligator’s mouth, I expect breakout of fractals to the downside.

NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator is slowing down a little bit near D Alligator’s teeth. Pair is forming bullish fractal; 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 towards D Alligator’s jaw.



At H1 chart of NZD USD, Alligator reversed upwards. AO and AC are in grey zone; there is Green bar on the MFI and might be Squat one too. After slight breakout of fractals to the upside, I expect breakout of fractals to the downside.



 
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