Bill Williams’ Indicators Analysis 06.12.2013 (USD/CAD, NZD/USD)
06.12.2013
Analysis for December 6th, 2013
USD/CAD
At H4 chart of USD/CAD, Alligator is moving northwards. Indicators are in red zone; we can see divergence with AO; there is Green bar on the MFI and might be Squat one too. Bearish fractal may reach Alligator’s jaw (blue line).
At H1 chart of USD/CAD, Alligator is going to sleep. Indicators are in green zone; there might be Squat bar on the MFI. I expect breakout of fractals to the downside.
NZD/USD
At H4 chart of NZD/USD, Alligator is sleeping. Price is finishing bearish fractal; indicators are in red zone; there might be Squat bar on the MFI. After equidistant from Alligator’s mouth bearish fractal, I expect breakout of fractals to the downside.
At H1 chart of NZD/USD, Alligator is reversing downwards. Angulation is open; AO and AC are in red zone; there is Squat bar on the MFI. I expect slight breakout of fractals to the downside.
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