Bill Williams’ Indicators Analysis 16.12.2013 (USD/CAD, NZD/USD)
16.12.2013
Analysis for December 16th, 2013
USD/CAD
At H4 chart of USD/CAD, Alligator is sleeping. AO and AC are in red zone; price is forming bearish fractal; angulation is open; there might be Squat bar on the MFI. I expect slight breakout of fractals to the downside.
At H1 chart of USD/CAD, Alligator reversed northwards. AO is in red zone, AC is near balance line; there might be Squat bar on the MFI. Bullish fractal may reach Alligator’s jaw (blue line) and then I expect breakout of fractals to the downside.
NZD/USD
At H4 chart of NZD/USD, Alligator is sleeping. Price is forming bullish fractal; AO and AC are in green zone; there might be Squat bar on the MFI. I expect slight breakout of fractals to the upside.
At H1 chart of NZD/USD, Alligator reversed northwards. Angulation is open; AO and AC are in green zone; there is Squat bar on the MFI. After bearish fractal, I expect breakout of fractals to the upside.
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