Bill Williams’ Indicators Analysis 12.02.2014 (USD/CAD, NZD/USD)
12.02.2014
Analysis for February 12th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving downwards. Price is forming bearish fractal; indicators are in red zone; there might be Squat bar on the MFI. Bullish Fractal may reach Alligator’s teeth and then I expect breakout of fractals to the downside.
At H1 chart of USD CAD, Alligator is also moving downwards. Indicators are in grey zone; there might be Squat bar on the MFI. After bearish fractal, bullish fractal may reach Alligator’s jaw (blue line).
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is moving upwards. Price is forming bullish fractal; AO and AC are in green zone; there might be Squat bar on the MFI. After bearish fractal, I expect breakout of fractals to the upside.
At H1 chart of NZD USD, Alligator is also moving upwards. AO and AC are in grey zone; there are no Squat bars on the MFI. I expect breakout of fractals to the upside.
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