Bill Williams’ Indicators Analysis 21.06.2013 (USD/CAD, NZD/USD)

21.06.2013

Analysis for June 21th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is moving upwards. The price is forming a bearish fractal; AO and AC indicators are in the red zone; there are Squat bars on the MFI. I’m keeping a buy order, a protective stop is in the black below the Alligator’s lips (green line).



At the H1 chart of the USD/CAD currency pair, the Alligator is closing its mouth. The price is forming a bearish fractal; the indicators are in the grey zone; there is a Green bar on the MFI and might be a Squat one too. The bearish fractal may reach the Alligator’s jaw; I expect the price to start moving upwards.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is moving downwards. The angle of angulation is closing; the price is forming a bullish fractal; the indicators are in the green zone; there is a Fade bar on the MFI and might be a Squat one too. I’m keeping my sell order; a protective stop is above the Alligator’s teeth.



At the H1 chart of the NZD/USD currency pair, the Alligator is closing its mouth and going to sleep. AO and AC indicators are in the red zone, 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 break the Alligator’s jaw.



 
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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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