Bill Williams’ Indicators Analysis 08.04.2014 (USD/CAD, NZD/USD)

08.04.2014

Analysis for April 8th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

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



At H1 chart of USD CAD, Alligator is also moving southwards. AO and AC are in green zone; price is forming bullish fractal; there is Squat bar on the MFI. 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 sleeping. AO and AC are in grey zone; there is Squat bar on the MFI. I expect two fractals, equidistant from Alligator’s mouth.



At H1 chart of NZD USD, Alligator is moving upwards. AO and AC are in green zone; there is Squat bar on the MFI. Bearish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the upside.



 
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