Bill Williams’ Indicators Analysis 12.06.2013 (USD/CAD, NZD/USD)

12.06.2013

Analysis for June 12th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is still moving downwards. The price is forming a bullish fractal; the indicators are in the grey zone; there is a Squat bar on the MFI. I’m keeping my order; a protective stop is above the Alligator’s teeth.



At the H1 chart of the USD/CAD currency pair, the Alligator is opening its mouth downwards again. AO and AC indicators are in the red zone, near the zero line; there is a Fade bar on the MFI and might be a Squat one too. I expect a bearish fractal to reach Take Profit.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is moving downwards, but closing its mouth slowly. The price is forming a bullish fractal; the indicators are in the green zone; there is a Fade bar on the MFI, but might be a Squat one too. A bullish fractal may break the Alligator’s jaw.



At the H1 chart of the NZD/USD currency pair, the Alligator is sleeping. The price is finishing a bullish fractal; AO and AC are near the balance line; there is a Green bar on the MFI and might be a Squat one too. I’m planning to open a buy order as soon as the price forms a bearish fractal.



 
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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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