Bill Williams’ Indicators Analysis 04.06.2014 (USD/CAD, NZD/USD)

04.06.2014

Analysis for June 4th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is moving upwards. Angulation is open; AO is in green zone, AC is very close to balance line; there is Squat bar on the MFI. I expect angulation to close and then breakout of fractals to the upside towards D Alligator’s jaw.



At H1 chart of USD CAD, Alligator is closing its lips (green line). AO and AC are in grey zone; there is Fade bar on the MFI and might be Squat one too. Bearish fractal may reach Alligator’s jaw (blue 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 is moving downwards. Indicators are in red zone; there is Green bar on the MFI and no Squat ones. Bullish fractal may reach Alligator’s lips (green line), and then I expect breakout of fractals to the downside towards W Alligator’s teeth.



At H1 chart of NZD USD, Alligator is also moving downwards. AO and AC are in green zone; there is Squat bar on the MFI. Bullish fractal may reach Alligator’s jaw (blue line), and then 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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