Bill Williams’ Indicators Analysis 30.07.2013 (USD/CAD, NZD/USD)

30.07.2013

Analysis for July 30th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is moving downwards. We can see a divergence with AO; the price is forming a bullish fractal; AO is in the green zone, AC is near the balance line; there are Squat bars on the MFI. I’m keeping my sell order; a protective stop is above the Alligator’s teeth.



At the H1 chart of the USD/CAD currency pair, the Alligator is hiding its lips (green line). We can see a divergence with AO, both indicators are in the green zone; the price is forming a bullish fractal; there is a Green bar on the MFI. The price is expected to fall down.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is making a reverse downwards. The price is forming a bearish fractal; AO and AC are in the red zone; there is a Green bar on the MFI and might be a Squat one too. The price broke the Alligators teeth; I opened a sell order and expect the pair to break the Alligator’s jaw.



At the H1 chart of the NZD/USD currency pair, the Alligator made a reverse downwards. The indicators are in the red zone; there is a Green bar on the MFI and might be a Squat one too. The price is expected to move downwards.



 
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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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