Bill Williams’ Indicators Analysis 22.01.2014 (USD/CAD, NZD/USD)

22.01.2014

Analysis for January 22nd, 2014

USD/CAD

At H4 chart of USD/CAD, Alligator is slowly moving upwards. We can see divergence with AO; indicators are in red 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 USD/CAD, Alligator is sleeping. Indicators are very close to balance line; there are no Squat bars on the MFI. After bullish fractal, I expect breakout of fractals to the downside.



NZD/USD

At H4 chart of NZD/USD, Alligator is sleeping. Indicators are in green zone; there is Squat bar on the MFI. I expect slight breakout of fractals to the upside.



At H1 chart of NZD/USD, Alligator reversed northwards. Angulation is closed; AO and AC are in near balance line; there are Squat bars on the MFI. After bearish fractal, I expect breakout of fractals to the upside.



 
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