Bill Williams’ Indicators Analysis 17.07.2014 (USD/CAD, NZD/USD)

17.07.2014

Analysis for July 17th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is going to sleep. Indicators are in red zone; there is Green bar on the MFI and might be Squat one too. Bearish fractal may reach Alligator’s jaw, and then I expect breakout of fractals to the upside towards D Alligator’s jaw.



At H1 chart of USD CAD, Alligator is sleeping. Indicators are in red zone; there are no Squat bars on the MFI. Price is expected to break fractals to the downside and then form two fractals equidistant from Alligator’s mouth.




NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator is moving downwards. Angulation is open; AC is near balance line, AO is in green zone; there is Fade bar on the MFI and might be Squat one too. After bullish fractal, I expect breakout of fractals to the downside towards D Alligator’s jaw.



At H1 chart of NZD USD, Alligator is moving southwards. Price completed bearish fractal; AO and AC are in green zone; there is Green bar on the MFI and might be Squat one too. After bullish fractal, 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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