Bill Williams’ Indicators Analysis 24.02.2014 (USD/CAD, NZD/USD)

24.02.2014

Analysis for February 24th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is moving upwards. Indicators are in red zone; angulation is closing; 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. Price is forming bullish fractal; indicators are in red zone; there is Green bar on the MFI and might be Squat one too. I expect slight breakout of fractals to the downside.




NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator is moving southwards. Price is forming bullish fractal; indicators are in red zone; there are no Squat bars on the MFI. Bullish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the downside.



At H1 chart of NZD USD, Alligator is sleeping. 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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