Bill Williams’ Indicators Analysis 03.12.2013 (USD/CAD, NZD/USD)
03.12.2013
Analysis for December 3rd, 2013
USD/CAD
At H4 chart of USD/CAD, Alligator is moving northwards. Price is forming bullish fractal; indicators are in grey zone; 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 also moving upwards. Price completed bearish fractal; indicators are in red zone; there are no Squat bars on the MFI. Bearish fractal may reach Alligator’s lips (green line) and then I expect breakout of fractals to the upside.
NZD/USD
At H4 chart of NZD/USD, Alligator is going to sleep. Price is forming bearish fractal; indicators are in grey zone; there might be Squat bar on the MFI. I expect slight breakout of fractals to the upside.
At H1 chart of NZD/USD, Alligator reversed upwards. AO and AC are in grey zone; there are no Squat bars on the MFI. Bearish fractal may reach Alligator’s jaw (blue line) and then I expect breakout of fractals to the upside.
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