Bill Williams’ Indicators Analysis 19.02.2014 (USD/CAD, NZD/USD)
19.02.2014
Analysis for February 19th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is moving downwards. Indicators are in green zone; there is Squat bar on the MFI. Bullish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the downside.
At H1 chart of USD CAD, Alligator is also moving downwards. Indicators are in green zone; there might be Squat bar on the MFI. After bearish fractal, I expect slight breakout of fractals to the upside.
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is closing its mouth. Price is forming bearish fractal; indicators are in red zone; there is Squat bar on the MFI. Bearish fractal may break Alligator’s jaw (blue line) and then I expect breakout of fractals to the upside.
At H1 chart of NZD USD, Alligator is moving downwards. AO and AC are in red zone; there is Fade bar on the MFI and might be Squat one too. I expect slight breakout of fractals to the downside.
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