Bill Williams’ Indicators Analysis 18.11.2013 (USD/CAD, NZD/USD)

18.11.2013

Analysis for November 18th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. Price is forming bearish fractal below the jaw; indicators are in grey zone; there is Squat bar on the MFI. I expect breakout of fractals to the downside.



At the H1 chart of the USD/CAD currency pair, the Alligator reversed downwards. Angulation is open; indicators are in red zone; there is Green bar on the MFI and might be Squat one too. I expect price to complete bearish fractal.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is reversing upwards. AO and AC are in green zone; there might be Squat bar on the MFI. I expect breakout of fractals to the upside.



At the H1 chart of the NZD/USD currency pair, the Alligator is moving northwards. AO is in green zone, AC is near balance line; there is Green bar on the MFI and might be Squat one too. I expect breakout of fractals to the upside.



 
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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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