Bill Williams’ Indicators Analysis 22.11.2013 (USD/CAD, NZD/USD)

22.11.2013

Analysis for November 22nd, 2013

USD/CAD

At H4 chart of USD/CAD, Alligator is moving upwards. Price is forming bullish fractal; indicators are in green zone; there is Green bar on the MFI and might be Squat one too. I expect slight breakout of fractals to the upside.



At H1 chart of USD/CAD, Alligator turned northwards. Angulation is open; AO and AC are in green zone; there might be Squat bar on the MFI. I expect breakout of fractal to the upside.



NZD/USD

At H4 chart of NZD/USD, Alligator reversed downwards. Angulation is open; AO and AC are in grey zone; there is Green bar on the MFI and might be Squat one too. I expect price to complete bearish fractal.



At H1 chart of NZD/USD, Alligator is moving southwards. Angulation is weak; 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 price to finish bearish fractal.



 
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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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