Bill Williams' Indicator Analysis 05.11.2013 (USD/CAD, NZD/USD)

05.11.2013

Analysis for November 5st, 2013

USD/CAD

Alligator on H4 chart on USD/CAD isn’t moving, AO and AC are located in the green area during rising fractal, MFI can show descending bar. I expect breakout of fractals to the downside.



On hourly chart of USD/CAD Alligator reverses to the upside, northern fractal is completing, AO and AC are in the gray zone, MFI can show us descending bar. Descending fractal can slightly break out jaw of Alligator (blue line).



NZD/USD

On H4 chart Alligator is sleeping on NZD/USD, AO and AC are in the red zone while descending fractal is building, MFI can show us descending bar. I expect breakout of fractals to the upside.



On hourly chart of NZD/USD, Alligator is sleeping, AO and AC are in the gray zone, MFI shows descending bar. After slight breakout of fractals to the downside I expect breakout of higher fractals.



 
RoboForex Analytical Department

Attention!

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.

Ask a question

Need any help? Click on the icon in the lower right corner of the page and get an answer to any your questions

Or enter your phone number in the form below and we will call you right away.

Call back
Ask a question