Bill Williams’ Indicators Analysis 28.01.2014 (USD/CAD, NZD/USD)

28.01.2014

Analysis for January 28th, 2014

USD/CAD

At H4 chart of USD/CAD, Alligator is still moving upwards, but starting to close its mouth slowly. Angulation is closed; indicators are in green zone; there is Squat bar on the MFI. After bullish fractal, I expect breakout of fractals to the downside.



At H1 chart of USD/CAD, Alligator is sleeping. Indicators are in red zone; there are no Squat bars on the MFI. I expect breakout of fractals to the downside.



NZD/USD

At H4 chart of NZD/USD, Alligator is going to sleep. Indicators are in green zone; there is Squat bar on the MFI. After bearish fractal, I expect breakout of fractals to the upside.



At H1 chart of NZD/USD, Alligator is reversing upwards. Indicators are in grey zone; there is Green bar on the MFI and might be Squat one too. Bearish fractal may break Alligator’s mouth and then I expect breakout of fractals to the upside.



 
RoboForex Analytical Department

Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.