Bill Williams’ Indicators Analysis 12.05.2014 (USD/CAD, NZD/USD)

12.05.2014

Analysis for May 12th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is sleeping. Indicators are in green zone; there might be Squat bar on the MFI. After bearish fractal, I expect breakout of fractals to the upside.



At H1 chart of USD CAD, Alligator reversed upwards. Price completed bullish fractal; AO and AC are in red zone; there is Squat bar on the MFI. Bearish fractal may reach Alligator’s teeth (red line), and then I expect breakout of fractals to the upside.




NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator closed its mouth. Price is forming bearish fractal; AO and AC are in grey zone; there is Squat bar on the MFI. Bearish fractal may reach D Alligator’s teeth.



At H1 chart of NZD USD, Alligator is moving downwards. AO and AC are in green zone; there is Squat bar on the MFI. I expect slight breakout of fractals to the downside.



 
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