Bill Williams’ Indicators Analysis 24.04.2014 (USD/CAD, NZD/USD)

24.04.2014

Analysis for April 24th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is moving upwards. Indicators are in red zone; there might be Squat bar on the MFI; bullish fractal reached D Alligator’s jaw. I expect breakout of fractals to the downside.



At H1 chart of USD CAD, Alligator is sleeping. Indicators are in grey zone; there is Squat bar on the MFI. After two equidistant fractals, I expect breakout of fractals to the downside.




NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator is opening its mouth upwards. AO is near balance line, AC is in green zone; there is Green bar on the MFI and might be Squat one too. Bearish fractal may reach Alligator’s teeth, and then I expect breakout of fractals to the upside.



At H1 chart of NZD USD, Alligator is reversing upwards. Price is forming bearish fractal; angulation is open; indicators are in green zone; there is Green bar on the MFI and no Squat ones. Bearish fractal may reach Alligator’s mouth, and then 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