Bill Williams’ Indicators Analysis 28.02.2014 (USD/CAD, NZD/USD)

28.02.2014

Analysis for February 28th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is moving upwards. Price completed bearish fractal; indicators are in red 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 closing its mouth. Price is forming bullish fractal; indicators are in green zone; there is Green bar on the MFI and might be Squat one too. After bullish fractal, I expect breakout of fractals to the downside.




NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator is moving northwards again. Indicators are in grey zone; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.



At H1 chart of NZD USD, Alligator is also moving upwards. Price is forming bullish fractal; AO and AC are in red zone; there is Green bar on the MFI and might be Squat one too. Bearish fractal may reach Alligator’s jaw (blue line).



 
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