Bill Williams’ Indicators Analysis 03.12.2013 (USD/CAD, NZD/USD)

03.12.2013

Analysis for December 3rd, 2013

USD/CAD


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



At H1 chart of USD/CAD, Alligator is also moving upwards. Price completed bearish fractal; indicators are in red zone; there are no Squat bars on the MFI. Bearish fractal may reach Alligator’s lips (green line) and then I expect breakout of fractals to the upside.



NZD/USD

At H4 chart of NZD/USD, Alligator is going to sleep. Price is forming bearish fractal; indicators are in grey zone; there might be Squat bar on the MFI. I expect slight breakout of fractals to the upside.



At H1 chart of NZD/USD, Alligator reversed upwards. AO and AC are in grey zone; there are no Squat bars on the MFI. Bearish fractal may reach Alligator’s jaw (blue line) and then 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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