Bill Williams’ Indicators Analysis 24.12.2013 (USD/CAD, NZD/USD)

24.12.2013

Analysis for December 24th, 2013

USD/CAD

At H4 chart of USD/CAD, Alligator is reversing downwards. Price is completing bullish fractal; AO and AC are in grey zone; there is Squat bar on the MFI. I expect breakout of fractals to the downside.



At H1 chart of USD/CAD, Alligator is closing its lips (green line). Price is forming bullish fractal; AO is near balance line, AC is in red zone; there is Squat bar on the MFI. I expect breakout of fractals to the downside.



NZD/USD

At H4 chart of NZD/USD, Alligator is closing its mouth. AO is in red zone, AC is near balance line; there are no Squat bars on the MFI. I expect slight breakout of fractals to the downside.



At H1 chart of NZD/USD, Alligator is moving upwards. AO is in green zone, AC is near balance line; there is Squat bar on the MFI. Bullish fractal may reach H4 Alligator’s teeth and then I expect slight 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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