Bill Williams’ Indicators Analysis 06.02.2014 (USD/CAD, NZD/USD)

06.02.2014

Analysis for February 6th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is moving southwards. AO is in green zone, AC is near balance line; there is Fade bar on the MFI and no Squat ones. 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 opening its mouth downwards. Indicators are in grey zone; there is Fade bar on the MFI and no Squat ones. Bullish fractal may break Alligator’s jaw (blue line), and then I expect breakout of fractals to the downside.




NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator is reversing upwards. Indicators are in green zone; there are no Squat bars on the MFI. After bearish fractal, I expect breakout of fractals to the upside.



At H1 chart of NZD USD, Alligator is moving upwards. AO is in red zone, AC is near balance line; there is Fade bar on the MFI and no Squat ones. After bearish fractal, I expect breakout of fractals to the upside.



 
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