Bill Williams’ Indicators Analysis 12.12.2013 (USD/CAD, NZD/USD)

12.12.2013

Analysis for December 12th, 2013

USD/CAD

At H4 chart of USD/CAD, Alligator reversed downwards. Indicators are in green zone; there are no Squat bars on the MFI. I expect breakout of fractals to the downside.



At H1 chart of USD/CAD, Alligator is moving southwards. AO and AC are in grey zone; there is Squat bar on the MFI. Bullish fractal may reach Alligator’s jaw (blue line) and then I expect breakout of fractals to the downside.



NZD/USD

At H4 chart of NZD/USD, Alligator is opening its mouth. Price is finishing bearish fractal; AO and AC are in red zone; there is Squat bar on the MFI. After completing bearish fractal, price is expected to grow up.



At H1 chart of NZD/USD, Alligator is moving downwards. AO and AC are in grey zone; there are no Squat bars on the MFI. I expect sideways correction.



 
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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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