Bill Williams’ Indicators Analysis 01.04.2013 (USD/CAD, NZD/USD)

Analysis for April 1^st, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair the Alligator is awake, although its teeth are quite close to its lips. We can see a divergence with AO, several Squat bars on the MFI, but the indicators are in the grey zone. I’m keeping my short position opened.



At the H1 chart of the USD/CAD currency pair the Alligator is sleeping. The price formed a bullish fractal; АО and АС indicators are in the red zone; there might be a Squat bar on the MFI. I expect the pair to break bearish fractals.

NZD/USD

At the H4 chart of the NZD/USD currency pair the Alligator’s teeth are quite close to its lips, the price is completing a new bearish fractal near the teeth. АО and АС indicators are in the red zone, but there is a Fade bar on the MFI. I’m keeping my short position opened.



At the H1 chart of the NZD/USD currency pair the Alligator is still sleeping. АО and АС indicators are in the green zone, but there is also a Fade bar on the MFI. I’m keeping my long position opened until the price breaks a bullish fractal.



 
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