Bill Williams’ Indicators Analysis 06.12.2013 (USD/CAD, NZD/USD)

06.12.2013

Analysis for December 6th, 2013

USD/CAD

At H4 chart of USD/CAD, Alligator is moving northwards. Indicators are in red zone; we can see divergence with AO; there is Green bar on the MFI and might be Squat one too. Bearish fractal may reach Alligator’s jaw (blue line).



At H1 chart of USD/CAD, Alligator is going to sleep. Indicators are in green zone; there might be Squat bar on the MFI. I expect breakout of fractals to the downside.



NZD/USD

At H4 chart of NZD/USD, Alligator is sleeping. Price is finishing bearish fractal; indicators are in red zone; there might be Squat bar on the MFI. After equidistant from Alligator’s mouth bearish fractal, I expect breakout of fractals to the downside.



At H1 chart of NZD/USD, Alligator is reversing downwards. Angulation is open; AO and AC are in red zone; there is Squat bar on the MFI. I expect slight breakout of fractals to the downside.



 
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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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