Bill Williams’ Indicators Analysis 28.10.2013 (USD/CAD, NZD/USD)

28.10.2013

Analysis for October 28th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is moving upwards. The indicators are in the red zone; there might be a Squat bar on the MFI. A bearish fractal may reach the Alligator’s lips (green line), and then I expect the price to move upwards.



At the H1 chart of the USD/CAD currency pair, the Alligator is closing its lips (green line). The price is finishing a bullish fractal; AO is near the balance line, AC is in the green zone; there is a Fade bar and no Squat ones on the MFI. A bearish fractal may reach the Alligator’s jaw (blue line).



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is moving downwards. the price is forming a bullish fractal; AO and AC are in the green zone; there might be a Squat bar on the MFI. A bullish fractal my reach the Alligator’s lips (green line).



At the H1 chart of the NZD/USD currency pair, the Alligator is also moving downwards, but is starting to close its mouth. The price is finishing a bearish fractal; AO and AC are in the red zone; there is a Fade bar on the MFI. A bullish fractal may reach the Alligator’s jaw (blue 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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