Bill Williams’ Indicators Analysis 07.04.2014 (USD/CAD, NZD/USD)

07.04.2014

Analysis for April 7th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is moving downwards. Indicators are in red zone; there is Squat bar on the MFI. Bullish fractal may reach Alligator’s lips (green line), and then I expect breakout of fractals to the downside.



At H1 chart of USD CAD, Alligator opened its mouth southwards. AO and AC are in green zone; there is Squat bar on the MFI. Bullish fractal may reach Alligator’s jaw (blue line).




NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator is closing its mouth. AO and AC are in green zone; there is Squat bar on the MFI. I expect breakout of fractals to the upside.



At H1 chart of NZD USD, Alligator reversed upwards. AO and AC are in green zone; there is Green bar on the MFI and might be Squat one too. Bearish fractal may reach Alligator’s jaw (blue line).



 
RoboForex Analytical Department

Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.