Bill Williams’ Indicators Analysis 23.04.2014 (USD/CAD, NZD/USD)

23.04.2014

Analysis for April 23rd, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is moving upwards. Indicators are in green zone; there is Green bar on the MFI and no Squat ones. Bullish fractal may reach D Alligator’s jaw.



At H1 chart of USD CAD, Alligator started moving upwards again. Indicators are in red zone; there might be Squat bar on the MFI. I expect slight breakout of fractals to the upside.




NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator is opening its mouth upwards. AO is near balance line, AC is in red zone; there is Fade bar on the MFI and no Squat ones. Bearish fractal may reach D Alligator’s teeth, and then I expect breakout of fractals to the upside.



At H1 chart of NZD USD, Alligator reversed upwards. Price finished bearish fractal; indicators are in grey zone; there might be Squat bar on the MFI. Bearish fractal may break Alligator’s mouth, and then I expect breakout of fractals to the upside.



 
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