Bill Williams’ Indicators Analysis 19.05.2014 (USD/CAD, NZD/USD)

19.05.2014

Analysis for May 19th, 2014

USD CAD, “US Dollar vs Canadian Dollar”

At H4 chart of USD CAD, Alligator is moving downwards; D Alligator is also moving southwards. Indicators are in red zone; there is Green bar on the MFI and might be Squat one too. Bullish fractal may reach Alligator’s teeth (red line), and then I expect breakout of fractals to the downside.



At H1 chart of USD CAD, Alligator is moving downwards. AO and AC are in red zone; there are no Squat bars on the MFI. After bearish fractal, bullish fractal may reach Alligator’s teeth.




NZD USD, “New Zealand Dollar vs US Dollar”

At H4 chart of NZD USD, Alligator is sleeping. AO and AC are in green zone, very close to balance line; there is Fade bar on the MFI and might be Squat one too. Bearish fractal may reach D Alligator’s teeth, and then I expect breakout of fractals to the upside.



At H1 chart of NZD USD, Alligator closed its mouth. AO and AC are in red zone; there is Green bar on the MFI and might be Squat one too. I expect slight breakout of fractals to the downside and then to the upside.



 
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