Bill Williams’ Indicators Analysis 30.04.2013 (USD/CAD, NZD/USD)

30.04.2013

Analysis for April 30th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is moving downwards. The angle of angulation is widening; the price is finishing a bullish fractal; AO and AC indicators are in the grey zone (directed in different directions); there is a Green bar on the MFI. I opened a sell order with the target below a bearish fractal; a protective stop is placed above the Alligator’s teeth.



At the H1 chart of the USD/CAD currency pair, the Alligator is closing its mouth slowly, but still moving downwards. AO and AC indicators are in the grey zone; the angulation is weak; there are no Fade bars on the MFI. I opened a sell order with the target below a bearish fractal; a protective stop is placed above the Alligator’s mouth.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is moving upwards. The price is finishing a bullish fractal; the indicators are in the grey zone; there is a Squat bar on the MFI. A protective stop on my buy order has been moved above the mouth.



At the H1 chart of the NZD/USD currency pair, the Alligator is almost sleeping. The price is forming a bullish fractal; the indicators are in the green zone; there is a Fade bar on the MFI. A protective stop on this timeframe is placed below the Alligator’s mouth.



 
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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.

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