Bill Williams’ Indicators Analysis 12.05.2014 (USD/CAD, NZD/USD)
12.05.2014
Analysis for May 12th, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator is sleeping. Indicators are in green zone; there might be Squat bar on the MFI. After bearish fractal, I expect breakout of fractals to the upside.
At H1 chart of USD CAD, Alligator reversed upwards. Price completed bullish fractal; AO and AC are in red zone; there is Squat bar on the MFI. Bearish fractal may reach Alligator’s teeth (red line), and then I expect breakout of fractals to the upside.
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator closed its mouth. Price is forming bearish fractal; AO and AC are in grey zone; there is Squat bar on the MFI. Bearish fractal may reach D Alligator’s teeth.
At H1 chart of NZD USD, Alligator is moving downwards. AO and AC are in green zone; there is Squat bar on the MFI. I expect slight breakout of fractals to the downside.
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