Bill Williams’ Indicators Analysis 11.07.2014 (USD/CAD, NZD/USD)
11.07.2014
Analysis for July 11th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator woke up and right now is moving southwards. Indicators are in red zone; there might be Squat bar on the MFI. I expect breakout of fractals to the downside.
At H1 chart of USD CAD, Alligator is moving downwards. Indicators are in green zone; there is Fade bar on the MFI and might be Squat one too. Bullish fractal may reach Alligator’s teeth, and then I expect double breakout of fractals to the downside.
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator is moving upwards. AO and AC are in green zone; price is forming bearish fractal; there might be Squat bar on the MFI. Bearish fractal may reach Alligator’s teeth (red line), and then I expect breakout of fractals to the upside.
At H1 chart of NZD USD, Alligator is going to sleep. AO and AC are in green zone; there is Fade bar on the MFI and might be Squat one too. After two equidistant fractals, I expect breakout of fractals to the upside.
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