Bill Williams’ Indicators Analysis 05.03.2014 (USD/CAD, NZD/USD)

05.03.2014

Analysis for March 5th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is sleeping. Indicators are in green zone, very close to balance line; there might be Squat bar on the MFI. After bullish fractal, I expect breakout of fractals to the downside.



At H1 chart of USD CAD, Alligator is also sleeping. Indicators are in red zone; there is Fade bar on the MFI and no Squat ones. After bullish fractal, I expect breakout of fractals to the downside.




NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator is moving upwards. Indicators are in red zone, AC is near balance line; there might be Squat bar on the MFI. Bearish fractal may reach Alligator’s teeth (red line), and then I expect breakout of fractals to the upside.



At H1 chart of NZD USD, Alligator is also moving upwards. AO and AC are in green zone; there are no Squat bars on the MFI. I expect slight breakout of fractals to the upside.



 
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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.

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