Bill Williams’ Indicators Analysis 28.05.2013 (USD/CAD, NZD/USD)
28.05.2013
Analysis for May 28th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is closing its mouth and going to sleep. The price forming a bearish fractal; AO and AC indicators are in the green zone; there are no Squat bara on the MFI; I’m keeping my buy order; a protective stop is below the Alligator’s teeth.
At the H1 chart of the USD/CAD currency pair, the Alligator is opening its mouth upwards. AO and AC indicators are in the green zone; there might be a Squat bar on the MFI. A bearish fractal may break the Alligator’s jaw.
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is moving downwards. The price forming a bullish fractal; AO and AC indicators are in the green zone; there is a Squat bar on the MFI. I’m staying out of the market until the price completes a new bullish fractal.
At the H1 chart of the NZD/USD currency pair, the Alligator is sleeping. The indicators are in the grey zone; there is a Fade bar on the MFI. I’m expecting the price to break a bearish fractal.
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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.