Bill Williams’ Indicators Analysis 20.06.2013 (USD/CAD, NZD/USD)

20.06.2013

Analysis for June 20th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is making a reverse upwards. The price is finishing a bullish fractal; the indicators are in the green zone; there is a Squat on the MFI. I’m keeping a buy order, a protective stop is below the Alligator’s lips (green line).



At the H1 chart of the USD/CAD currency pair, the Alligator is moving upwards. The price is forming a bullish fractal; the angle of angulation is open; the indicators are in the green zone, AC is near the balance line; there is a Green bar on the MFI and might be a Squat one too. 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 opening its mouth downwards again. The angle of angulation is open; the price is forming a bearish fractal; the indicators are in the red zone; there is a Squat bar on the MFI. My pending order worked; a protective stop is above the Alligator’s mouth.



At the H1 chart of the NZD/USD currency pair, the Alligator is moving downwards. AO and AC indicators are in the red zone, AC is very close to the balance line; there is a Fade bar on the MFI and might be a Squat one too. I expect the price to complete a bearish fractal and then move downwards to test the Alligator’s teeth.



 
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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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