Bill Williams’ Indicators Analysis 06.06.2014 (USD/CAD, NZD/USD)

06.06.2014

Analysis for June 6th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is closing its mouth and going to sleep. AO and AC are in red zone; there is Squat bar on the MFI. After bullish fractal, I expect breakout of fractals to the downside.



At H1 chart of USD CAD, Alligator is sleeping. AO is in green zone, AC is near balance line; there is Fade bar on the MFI and might be Squat one too. Bullish fractal may reach Alligator’s jaw (blue line), and then 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 reversing upwards. AO and AC are in grey zone; there is Fade bar on the MFI and no Squat ones. Bullish fractal may reach Alligator’s teeth (red line), and then I expect breakout of fractals to the upside.



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