Bill Williams’ Indicators Analysis 15.05.2014 (USD/CAD, NZD/USD)

Analysis for May 15^th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is sleeping. Indicators are in red zone; price finished bearish fractal; 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 reversed downwards. Price is forming bullish fractal; AO is in green zone, AC is very close to balance line; there might be Squat bar on the MFI. Price may complete bullish fractal above Alligator’s mouth.

NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator is reversing upwards. AO and AC are in grey zone; price completed bullish fractal; there is Squat bar on the MFI. Bearish fractal may reach D Alligator’s teeth, and then I expect breakout of fractals to the upside.



At H1 chart of NZD USD, Alligator is moving upwards. AO and AC are in red zone; there is Squat bar on the MFI. After bearish fractal below Alligator’s mouth, I expect breakout of fractals to the upside.



 
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