Bill Williams’ Indicators Analysis 06.03.2014 (USD/CAD, NZD/USD)

06.03.2014

Analysis for March 6th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator reversed downwards. Indicators are in grey zone; there is Squat bar on the MFI. After bullish fractal, I expect breakout of fractals to the downside.



At H1 chart of USD CAD, Alligator is moving southwards. Indicators are in grey zone; there is Fade bar on the MFI and might be Squat one too. Bullish fractal may reach 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 moving upwards. Indicators are in grey zone; price is finishing bullish fractal; there is Squat bar on the MFI. Bearish fractal may reach Alligator’s lips (green line), and then I expect breakout of fractals to the upside.



At H1 chart of NZD USD, Alligator is also moving upwards. Price is forming bullish fractal; AO and AC are in green zone; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.



 
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