Bill Williams’ Indicators Analysis 09.07.2014 (USD/CAD, NZD/USD)

09.07.2014

Analysis for July 9th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is sleeping. Price is forming bullish fractal; indicators are in red zone; there is Squat bar on the MFI. I expect breakout of fractals to the upside.



At H1 chart of USD CAD, Alligator is going to sleep. AO and AC are near balance line; there is Green bar on the MFI and might be Squat one too. After bearish fractal, I expect breakout of fractals to the upside.




NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator woke up and started moving upwards. AO and AC are in grey zone; price is forming bearish fractal; there is Squat bar on the MFI. Bearish fractal may reach Alligator’s jaw (blue line).



At H1 chart of NZD USD, Alligator is moving northwards. AO and AC are in grey zone; there are no Squat bars on the MFI. After bullish fractal, I expect 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