Bill Williams’ Indicators Analysis 15.10.2013 (USD/CAD, NZD/USD)

15.10.2013

Analysis for October 15th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is making a reverse. AO and AC are in the grey zone; there are no Squat bars on the MFI. I expect the price to move downwards.



At the H1 chart of the USD/CAD currency pair, the Alligator is also moving downwards. The price is forming a bullish fractal; we can see a divergence with AO; the indicators are in the green zone; there is a Squat bar on the MFI. The bullish fractal may reach the Alligator’s jaw (blue line).



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator opened its mouth upwards. AC and AO are in the grey zone; there is a Squat bar on the MFI. I expect the price to complete a bearish fractal near the Alligator’s lips and then move upwards.



At the H1 chart of the NZD/USD currency pair, the Alligator is moving upwards. AO and AC are in the grey zone; the price is forming a bearish fractal; there is a Fade bar on the MFI. The bearish fractal may reach the Alligator’s teeth.



 
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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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