Bill Williams’ Indicators Analysis 08.11.2013 (USD/CAD, NZD/USD)

08.11.2013

Analysis for November 8th, 2013

USD/CAD

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



At the H1 chart of the USD/CAD currency pair, divergence forced the Alligator to reverse upwards. AO and AC are in grey zone; there might be a Squat bar on the MFI. I expect slight breakout of fractals to the upside.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is moving upwards. The indicators are in red zone; there might be a Squat bar on the MFI. Bearish fractal may reach the Alligator’s jaw (blue line) and then I expect breakout of fractals to the upside.



At the H1 chart of the NZD/USD currency pair, the Alligator is reversing downwards. AO and AC are in grey zone; there might be Squat bar on the MFI. After bearish fractal, I expect breakout of the Alligator’s mouth 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