Bill Williams’ Indicators Analysis 04.06.2013 (USD/CAD, NZD/USD)

04.06.2013

Analysis for June 4th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. The price forming a bullish fractal; the indicators are in the grey zone; there might be a Squat bar on the MFI. I’m keeping my pending sell order; a protective stop is above bullish fractals.



At the H1 chart of the USD/CAD currency pair, the Alligator is moving downwards. AO and AC indicators are in the green zone; there is a Green bar on the MFI, no Squat ones. A bullish fractal may reach the Alligator’s jaw and “touch” a pending order.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is closing its mouth again. The price forming a bearish fractal; AO is near the balance line; the indicators are in the grey zone; there might be a Squat bar on the MFI. In the future the Alligator is expected to make a reverse upwards.



At the H1 chart of the NZD/USD currency pair, the Alligator is sleeping. The price is forming a bearish fractal; the indicators are in the grey zone; there is a Green bar on the MFI. After a bearish fractal, the pair may break the Alligator’s mouth upwards.



 
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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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