Bill Williams’ Indicators Analysis 22.05.2014 (USD/CAD, NZD/USD)
22.05.2014
Analysis for May 22nd, 2014
USD CAD, “US Dollar vs Canadian Dollar”
At H4 chart of USD CAD, Alligator reversed northwards. Indicators are in red zone, AC is very close to balance line; price finished bullish fractal and right now is forming a bearish one; there is Fade bar on the MFI and might be Squat one too. Bullish fractal may reach D Alligator’s teeth.
At H1 chart of USD CAD, Alligator is going to sleep. AO and AC are in grey zone; there are no Squat bars on the MFI. After bearish fractal, I expect breakout of fractals to the upside.
NZD USD, “New Zealand Dollar vs US Dollar”
At H4 chart of NZD USD, Alligator crossed D Alligator’s teeth. AO and AC are in green zone; there might be Squat bar on the MFI. Bullish fractal may reach Alligator’s teeth and D Alligator’s teeth, and then I expect breakout of fractals to the downside.
At H1 chart of NZD USD, Alligator is reversing upwards. AO and AC are in green zone; there is Fade bar on the MFI and might be Squat one too. After bearish fractal, I expect breakout of fractals to the upside.
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