Bill Williams’ Indicators Analysis 03.03.2014 (USD/CAD, NZD/USD)

03.03.2014

Analysis for March 3rd, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is reversing downwards. Indicators are in grey zone; 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 reversed downwards. Indicators are in green zone; we can see divergence with AO; there is Green bar on the MFI and might be Squat one too. 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 closing its lips (green line). Indicators are in red zone; there might be Squat bar on the MFI. Bearish fractal may reach Alligator’s jaw (blue line), and then I expect breakout of fractals to the upside.



At H1 chart of NZD USD, Alligator is reversing downwards. Price is forming bullish fractal; AO and AC are in green zone; there is Green bar on the MFI and might be Squat one too. I expect slight 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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