Bill Williams’ Indicators Analysis 12.07.2013 (USD/CAD, NZD/USD)

12.07.2013

Analysis for July 12th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is moving downwards. The price is forming a bullish fractal; the angle of angulation is open; AO is in the red zone, AC is near the balance line; there is a Squat bar on the MFI. I’m keeping my sell order.



At the H1 chart of the USD/CAD currency pair, the Alligator is moving downwards. AO is in the green zone, AC is near the balance line; there is a Fade bar on the MFI and might be a Squat one too. After completing a bullish fractal, the price is expected to fall down towards Take Profit.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is sleeping. The price is finishing a bearish fractal; AO is 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 opened a buy order with a protective stop below the Alligator’s mouth.



At the H1 chart of the NZD/USD currency pair, the Alligator is also sleeping. The price is forming a bearish fractal; AO and AC indicators are in the green zone, close to the balance line; there is a Fade bar on the MFI. After completing the bearish fractal, the price is expected to start growing up.



 
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