Bill Williams’ Indicators Analysis 04.07.2013 (USD/CAD, NZD/USD)

04.07.2013

Analysis for July 4th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is moving upwards, but staring to close its mouth. The price is forming a bullish fractal; AO and AC are in the red zone; there is a Green bar on the MFI and might be a Squat one too. 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 moving upwards. AO and AC indicators are in the grey zone; there is a Green bar on the MFI and might be a Squat one too. A protective stop is placed below bearish fractals.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is sleeping. AO is near the balance line, AC is in the green zone; the price is forming a bullish fractal; there is a Green bar on the MFI and might be a Squat one too. I’m planning to open one more sell order as soon as the price completes the bullish fractal.



At the H1 chart of the NZD/USD currency pair, the Alligator made a reverse upwards. AO is in the green zone, AC is near the balance line; there is a Fade bar on the MFI. A bearish fractal may 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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