Bill Williams’ Indicators Analysis 07.11.2013 (USD/CAD, NZD/USD)

07.11.2013

Analysis for November 7th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. The indicators are in the red zone; the price is forming a bullish fractal; there might be a Squat bar on the MFI. I expect slight breakout of fractals to the downside.



At the H1 chart of the USD/CAD currency pair, the Alligator is moving downwards. AO and AC are in the grey zone; there might be 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 reversed upwards. The price is forming a bearish fractal; the indicators are in the red zone; there might be a Squat bar on the MFI. The bearish fractal may reach the Alligator’s teeth (red line) and then I expect breakout of fractals to the upside.



At the H1 chart of the NZD/USD currency pair, the Alligator is going to sleep. AO and AC are in the green zone; the price is forming a bullish fractal; there is a Green bar on the MFI. After two equidistant fractals, I expect breakout of fractals upwards.



 
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