Bill Williams’ Indicators Analysis 03.07.2013 (USD/CAD, NZD/USD)

03.07.2013

Analysis for July 3rd, 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 are in the grey zone; there is a Fade bar on the MFI. I’m keeping my buy order; a protective stop is below the Alligator’s teeth.



At the H1 chart of the USD/CAD currency pair, the Alligator is also moving upwards. AO and AC indicators are in the green zone; there is a Fade bar on the MFI and might be a Squat one too. A protective stop is placed below the Alligator’s mouth.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is opening its mouth downwards. The indicators are 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 opened a sell order with the target below bearish fractals; a protective stop is above the Alligator’s mouth.



At the H1 chart of the NZD/USD currency pair, the Alligator is also opening its mouth downwards. AO and AC are in the red zone; there is a Green bar on the MFI. A bullish fractal may reach the Alligator’s jaw; a protective stop is placed above the Alligator’s mouth.



 
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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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