Bill Williams’ Indicators Analysis 19.06.2013 (USD/CAD, NZD/USD)

19.06.2013

Analysis for June 19th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. The divergence made the price to move upwards; the price is forming a bearish fractal; the indicators are in the grey zone; there is a Fade on the MFI. I’m keeping a buy order, a protective stop is below the Alligator’s mouth.



At the H1 chart of the USD/CAD currency pair, the Alligator is moving upwards. The price is forming a bearish fractal; the indicators are in the red zone; there is a Green bar on the MFI, but no Squat ones yet. I expect the price to complete the bearish fractal and then start moving upwards.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is sleeping. The price formed a bullish fractal; the indicators are in the grey zone; there is a Squat bar on the MFI. I’m keeping a pending order with the target below bearish fractals.



At the H1 chart of the NZD/USD currency pair, the Alligator is also sleeping. The indicators are in the green zone, AO is very close to the balance line; there is a Fade bar on the MFI and no Squat ones yet. I expect the price to complete a bullish fractal and then start moving downwards.



 
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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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