Bill Williams’ Indicators Analysis 17.01.2014 (USD/CAD, NZD/USD)

17.01.2014

Analysis for January 17th, 2014

USD/CAD

At H4 chart of USD/CAD, Alligator is going to sleep. Price is forming bearish fractal; indicators are in green zone; we can see divergence with AO; there might be Squat bar on the MFI. Bearish fractal may reach Alligator’s jaw (blue line).



At H1 chart of USD/CAD, Alligator is sleeping. Indicators are near balance line; there are no Squat bars on the MFI. I expect slight breakout of fractals to the upside and then Alligator to reverse downwards.



NZD/USD

At H4 chart of NZD/USD, Alligator closed its mouth. Price completed bearish fractal below Alligator’s jaw; indicators are in red zone; there might be Squat bar on the MFI. I expect breakout of fractals to the downside.



At H1 chart of NZD/USD, Alligator is still moving southwards. AO and AC are in grey zone; there is Squat bar on the MFI. 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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