Bill Williams’ Indicators Analysis 14.05.2014 (USD/CAD, NZD/USD)
14.05.2014
Analysis for May 14th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is reversing upwards. Indicators are in grey zone; there is Squat bar on the MFI. Bearish fractal may reach Alligator’s teeth (red line), and then I expect breakout of fractals to the upside towards D Alligator’s jaw.
At H1 chart of USD CAD, Alligator is moving upwards. Price formed bearish fractal; AO and AC are in red zone, very close to balance line; there might be Squat bar on the MFI. Bearish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the upside.
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. After two equidistant fractals, I expect slight breakout of fractals to the upside.
At H1 chart of NZD USD, Alligator is sleeping. AO is near balance line, AC is in green zone; there are no Squat bars on the MFI. I expect two equidistant fractals.
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