Bill Williams’ Indicators Analysis 10.12.2013 (USD/CAD, NZD/USD)

Analysis for December 10^th, 2013

USD/CAD

At H4 chart of USD/CAD, Alligator is reversing downwards. Indicators are in red zone; there might be Squat bar on the MFI. I expect breakout of fractals to the downside.



At H1 chart of USD/CAD, Alligator is opening its mouth southwards. AO is in red zone, AC is very close to balance line; there is Green bar on the MFI and might be Squat one too. Bullish fractal may reach Alligator’s jaw and then I expect breakout of fractals to the downside.

NZD/USD

At H4 chart of NZD/USD, Alligator reversed upwards. Price is finishing bearish fractal; indicators are in grey zone; there might be Squat bar on the MFI. After bearish fractal, I expect breakout of fractals to the upside.



At H1 chart of NZD/USD, Alligator is sleeping. Angulation is closed; AO and AC are near balance line; there is Squat bar on the MFI. Bearish fractal may break Alligator’s jaw (blue line) and then I expect breakout of fractals to the upside.



 
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