Bill Williams’ Indicators Analysis 21.08.2013 (USD/CAD, NZD/USD)

21.08.2013

Analysis for August 21st, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is moving upwards. The price is finishing a bullish fractal; the angle of angulation is open; AO and AC are in the green zone; there is a Fade bar on the MFI. I opened a buy order; a protective stop is below the teeth (red line).



At the H1 chart of the USD/CAD currency pair, the Alligator is moving upwards. The price is forming a bullish fractal; AO and AC are in the grey zone; there is a Green bar on the MFI. After completing a bearish fractal, the price is expected to move upwards.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator made a reverse downwards. The indicators are in the grey zone, the price is finishing a bearish fractal; there is a Fade bar on the MFI. I opened a sell order; a protective stop is above the teeth.



At the H1 chart of the NZD/USD currency pair, the Alligator is moving downwards. The indicators are in the green zone; there is a divergence with AO; there is a Green bar on the MFI. A bullish fractal may reach the Alligator’s teeth (red line).



 
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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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