Bill Williams’ Indicators Analysis 02.07.2013 (USD/CAD, NZD/USD)

02.07.2013

Analysis for July 2nd, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is slowly moving upwards. The price is forming a bullish fractal; AO and AC are near the balance line in the grey zone; there is a Fade bar on the MFI and might be a Squat one too. I opened a buy order with a protective stop below the Alligator’s teeth.



At the H1 chart of the USD/CAD currency pair, the Alligator is sleeping. AO and AC indicators are near the balance line in the red zone; there is a Fade bar on the MFI and might be a Squat one too. I expect the pair to move upwards.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is sleeping. The indicators are near the balance line in the grey zone; the price is forming a bearish fractal; there is a Green bar on the MFI and might be a Squat one too. I expect the price to move downwards.



At the H1 chart of the NZD/USD currency pair, the Alligator is still sleeping. The price is forming a bullish fractal; AO in near the balance line, AC is in the green zone; there is a Green bar on the MFI. After the pair breaks bearish fractals, the Alligator may reverse upwards.



 
RoboForex Analytical Department

Attention!

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.

Ask a question

Need any help? Click on the icon in the lower right corner of the page and get an answer to any your questions

Or enter your phone number in the form below and we will call you right away.

Call back
Ask a question