Bill Williams’ Indicators Analysis 06.06.2013 (USD/CAD, NZD/USD)

06.06.2013

Analysis for June 6th, 2013

USD/CAD

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



At the H1 chart of the USD/CAD currency pair, the Alligator is sleeping. The price is finishing a bearish fractal; AO and AC indicators are in the red zone; there might be a Squat bar on the MFI. I expect the breakdown of the bearish fractal.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is sleeping. AO and AC indicators are in the grey zone; there is a Fade bar on the MFI, but might be a Squat one too. A bullish fractal may break the Alligator’s mouth.



At the H1 chart of the NZD/USD currency pair, the Alligator closed its mouth again. The price is forming a bullish fractal; the indicators are in the green zone; there might be a Squat bar on the MFI. I expect the pair to moving 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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