Bill Williams' Indicator Analysis 06.11.2013 (USD/CAD, NZD/USD)
06.11.2013
Analysis for November 6st, 2013
USD/CAD
Alligator on H4 on USD/CAD opens his jaws, indicators are in the gray zone, fractal is built to the downside, MFI can show descending bar. Expecting upside breakout of fractals.
On USD/CAD, hourly chart, Alligator is closing his jaws, fractal to the upside is building, AO and AC are in the gray zone, MFI can show descending bar. Expecting slight breakout of fractals to the downside.
NZD/USD
Alligator on NZD/USD on H4 is reversing to the upside, indicators are in the gray zone, upside fractal is building, MFI shows growth and possibly descending bar can follow. Fractal going to the downside can reach the jaw.
On hourly chart of NZD/USD, Alligator can go higher, AO and AC are in the green zone, MFI shows descending bar. Fractal going to the downside can reach mouth line (green), then I expect breakout of upper fractals.
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