Bill Williams’ Indicators Analysis 16.01.2014 (USD/CAD, NZD/USD)

16.01.2014

Analysis for January 16th, 2014

USD/CAD

At H4 chart of USD/CAD, Alligator is moving northwards. Indicators are in grey zone; we can see divergence with AO; there is Squat bar on the MFI. I expect breakout of fractals to the downside.



At H1 chart of USD/CAD, Alligator is sleeping. Indicators are in grey zone; price is forming bullish fractal; we can see divergence with AO; there is Green bar on the MFI. I expect slight breakout of fractals to the upside.



NZD/USD

At H4 chart of NZD/USD, Alligator is closing its mouth. Angulation is closed; price completed bearish fractal; indicators are in red zone; there is Squat bar on the MFI. I expect slight breakout of Alligator’s jaw to the downside.



At H1 chart of NZD/USD, Alligator is moving southwards. Price is finishing bullish fractal; AO and AC are in green zone; there is Green bar on the MFI and no Squat ones. After bullish fractal, I expect breakout of fractals to the downside.



 
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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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