Bill Williams’ Indicators Analysis 19.08.2013 (USD/CAD, NZD/USD)

19.08.2013

Analysis for August 19th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. The price is forming a bearish fractal; AO and AC are very close to the balance line; there is a Green bar on the MFI. I opened one more sell order; a protective stop is above bullish fractals.



At the H1 chart of the USD/CAD currency pair, the Alligator is also sleeping. AO is in the green zone, AC is near the balance line; there is a Fade bar on the MFI. I expect the price to move downwards.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is still moving upwards. The Indicators are in the green zone, there is a divergence with AO; there is a Fade bar on the MFI, but might be a Squat one too. I’m keeping my buy order with a protective stop below the Alligator’s teeth.



At the H1 chart of the NZD/USD currency pair, the Alligator is also moving upwards. AO is in the green zone, AC is near the balance line; there is a Green bar on the MFI, but no Squat ones. A bearish fractal may reach the Alligator’s jaw (blue line); the price is expected to move upwards.



 
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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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