Bill Williams’ Indicators Analysis 09.04.2013 (USD/CAD, NZD/USD)

Analysis for April 9^th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. The price is forming a bearish fractal; the indicators are in the red zone; there is a Fade bar on the MFI. After the pair completes a bearish fractal, I’ll consider opening long positions, but right now I’m out of the market.



At the H1 chart of the USD/CAD currency pair, the Alligator is also sleeping with its mouth closed. AO and AC indicators are in the red zone; there are no signals on the MFI. After the price completes a bearish fractal, I’m planning to open a buy order.

NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator’s is opening its mouth upwards after a Saucer on the AO indicator. The angle of angulation is open; the indicators are in the green zone; there might be a Squat bar on the MFI. However, the price is forming a bullish fractal, that’s why I’m staying out of the market.



At the H1 chart of the NZD/USD currency pair, the Alligator is also moving upwards. However, the indicators are already in the red zone; there is a Fade bar on the MFI. I’m staying out of the market.



 
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