Bill Williams’ Indicators Analysis 08.01.2014 (USD/CAD, NZD/USD)

08.01.2014

Analysis for January 8th, 2014

USD/CAD

At H4 chart of USD/CAD, Alligator reversed upwards. Indicators are in grey zone; angulation is open; there is Fade bar on the MFI and might be Squat one too. I expect slight breakout of fractals to the upside.



At H1 chart of USD/CAD, Alligator is moving upwards. Angulation is weak; AO and AC are in red zone; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.



NZD/USD

At H4 chart of NZD/USD, Alligator is moving northwards. Indicators are in red zone; there might be Squat bar on the MFI. After bearish fractal, I expect breakout of fractals to the upside.



At H1 chart of NZD/USD, Alligator is sleeping. AO and AC are in grey zone, very close to balance line; there is Green bar on the MFI and might be Squat one too. After two equidistant fractals, I expect breakout of fractals to the upside.



 
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.

Ask a question

Need any help? Click on the icon in the lower right corner of the page and get an answer to any your questions

Or enter your phone number in the form below and we will call you right away.

Call back
Ask a question