Bill Williams’ Indicators Analysis 05.12.2013 (USD/CAD, NZD/USD)

Analysis for December 5^th, 2013

USD/CAD

At H4 chart of USD/CAD, Alligator is still moving northwards. Price is forming bullish fractal; we can see divergence with AO, but indicators are in red zone; there are no Squat bars on the MFI. I expect slight breakout of fractals to the upside.



At H1 chart of USD/CAD, Alligator is also moving upwards. Indicators are in red zone; there are no Squat bars on the MFI. Bearish fractal may reach Alligator’s jaw.

NZD/USD

At H4 chart of NZD/USD, Alligator is sleeping. Price is forming bearish fractal; indicators are in red zone; there are no Squat bars on the MFI. After equidistant from Alligator’s mouth bearish fractal, I expect slight breakout of fractals to the upside.



At H1 chart of NZD/USD, Alligator is sleeping. Angulation is closed; AO is in red zone, AC is near balance line; there is Green bar on the MFI and no Squat ones. I expect slight breakout of fractals to the downside.



 
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