Bill Williams’ Indicators Analysis 12.06.2014 (USD/CAD, NZD/USD)

12.06.2014

Analysis for June 12th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

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



At H1 chart of USD CAD, Alligator is still moving downwards. Indicators are in green zone; there is Squat bar on the MFI. Bullish fractal may reach Alligator’s jaw, 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 moving upwards. Price is forming bullish fractal above D Alligator’s mouth; AO and AC are in green zone; there might be Squat bar on the MFI. Bearish fractal may reach D Alligator’s jaw.



At H1 chart of NZD USD, Alligator is opening its mouth upwards. AO and AC are in grey zone; there is Fade bar on the MFI and might be Squat one too. Bearish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the upside.



 
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