Bill Williams’ Indicators Analysis 23.10.2013 (USD/CAD, NZD/USD)

23.10.2013

Analysis for October 23rd, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is closing its mouth. The price is forming a bullish fractal; AO and AC are in the green zone; the angle of angulation is closed; there is a Green bar on the MFI and might be a Squat one too. The bullish fractal may break the Alligator’s jaw.



At the H1 chart of the USD/CAD currency pair, the Alligator is opening its mouth upwards. AO and AC are in the green zone; there are no Squat bars on the MFI. The price is expected to complete a bullish fractal; a bearish fractal may reach the Alligator’s mouth.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is closing its lips (green line). The indicators are in the red zone; there is a Green bar on the MFI. A bullish fractal nay reach the Alligator’s teeth (red line).



At the H1 chart of the NZD/USD currency pair, the Alligator is moving downwards. The price formed a bearish fractal; AO and AC are in the grey zone; there might be a Squat bar on the MFI. A bullish 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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