Bill Williams’ Indicators Analysis 15.04.2013 (USD/CAD, NZD/USD)
15.04.2013
Analysis for April 15th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is closing its mouth. A bullish fractal stopped near the Alligator’s teeth; the indicators are in the green zone; there are several Squat bars on the MFI. I’m planning to open a buy order with the target above a bullish fractal after the price completes a bearish one. 
At the H1 chart of the USD/CAD currency pair, the Alligator is opening its mouth upwards. The indicators are in the grey zone; the price is finishing a bullish fractal; there might be a Squat bar on the MFI. I’m staying out of the market.
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator closed its mouth. AO and AC indicators are in the grey zone; there is no activity on the MFI. I’m planning to open a sell order with the target below a bearish fractal after the price completes a bullish one.
At the H1 chart of the NZD/USD currency pair, the Alligator changed the direction and right now is opening its mouth downwards. AO and AC indicators are in the green zone; the price is finishing a bullish fractal; there are no Squat bars on the MFI. I’m staying out of the market.
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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.