Bill Williams’ Indicators Analysis 01.05.2014 (USD/CAD, NZD/USD)

01.05.2014

Analysis for May 1st, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator reversed downwards. Price is forming bullish fractal below Alligator’s mouth; AO and AC are in green zone; there might be Squat bar on the MFI. Bullish fractal may reach Alligator’s teeth (red line).



At H1 chart of USD CAD, Alligator is moving southwards. Price finished bearish fractal; indicators are in green zone; there is Squat bar on the MFI. Bullish fractal may break Alligator’s jaw (blue line).




NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator is reversing northwards. AO and AC are in green zone; there might be Squat bar on the MFI. Bearish fractal may reach D Alligator’s teeth.



At H1 chart of NZD USD, Alligator is reversing upwards. AO and AC are in red zone; angulation is closing; there is Green bar on the MFI and might be Squat one too. Bearish fractal may reach Alligator’s teeth, and then I expect breakout of fractal to the upside.



 
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