Bill Williams’ Indicators Analysis 09.04.2013 (USD/CAD, NZD/USD)

09.04.2013

Analysis for April 9th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. The price is forming a bearish fractal; the indicators are in the red zone; there is a Fade bar on the MFI. After the pair completes a bearish fractal, I’ll consider opening long positions, but right now I’m out of the market.



At the H1 chart of the USD/CAD currency pair, the Alligator is also sleeping with its mouth closed. AO and AC indicators are in the red zone; there are no signals on the MFI. After the price completes a bearish fractal, I’m planning to open a buy order.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator’s is opening its mouth upwards after a Saucer on the AO indicator. The angle of angulation is open; the indicators are in the green zone; there might be a Squat bar on the MFI. However, the price is forming a bullish fractal, that’s why I’m staying out of the market.



At the H1 chart of the NZD/USD currency pair, the Alligator is also moving upwards. However, the indicators are already in the red zone; there is a Fade bar on the MFI. I’m staying out of the market.



 
RoboForex Analytical Department

Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Ask a question

Need any help? Click on the icon in the lower right corner of the page and get an answer to any your questions

Or enter your phone number in the form below and we will call you right away.

Call back
Ask a question