Bill Williams’ Indicators Analysis 07.03.2014 (USD/CAD, NZD/USD)

Analysis for March 7^th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is moving downwards. Indicators are in green zone; there might be Squat bar on the MFI. Bullish fractal may reach Alligator’s teeth (red line), and then I expect breakout of fractals to the downside.



At H1 chart of USD CAD, Alligator is closing its lips (green line) and moving southwards. Indicators are in grey zone; there is Fade bar on the MFI and might be Squat one too. 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. Indicators are in red zone; there is Squat bar on the MFI. Bearish fractal may reach Alligator’s lips (green line), and then I expect breakout of fractals to the upside.



At H1 chart of NZD USD, Alligator is also moving upwards. 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).



 
RoboForex Analytical Department