Bill Williams’ Indicators Analysis 03.10.2013 (USD/CAD, NZD/USD)

03.10.2013

Analysis for October 3rd, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. The price is forming a bearish fractal; the indicators are in the red zone; there is a Fade bar on the MFI. I expect the price to move downwards



At the H1 chart of the USD/CAD currency pair, the Alligator is making a reverse downwards. AC is near the balance line, AO is in the green zone; there is a Green bar on the MFI. I expect the price to form a bullish fractal and then move downwards.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is also sleeping. The angle of angulation is closed; AO and AC are in the green zone; there is a Squat bar on the MFI. I expect the price to form a bearish fractal and then move upwards.



At the H1 chart of the NZD/USD currency pair, the Alligator made a reverse upwards. AO and AC are in the green zone; there is a Green bar on the MFI. I expect the price to form a bearish fractal and then 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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