Bill Williams’ Indicators Analysis 04.06.2013 (USD/CAD, NZD/USD)

Analysis for June 4^th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. The price forming a bullish fractal; the indicators are in the grey zone; there might be a Squat bar on the MFI. I’m keeping my pending sell order; a protective stop is above bullish fractals.



At the H1 chart of the USD/CAD currency pair, the Alligator is moving downwards. AO and AC indicators are in the green zone; there is a Green bar on the MFI, no Squat ones. A bullish fractal may reach the Alligator’s jaw and “touch” a pending order.

NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is closing its mouth again. The price forming a bearish fractal; AO is near the balance line; the indicators are in the grey zone; there might be a Squat bar on the MFI. In the future the Alligator is expected to make a reverse upwards.



At the H1 chart of the NZD/USD currency pair, the Alligator is sleeping. The price is forming a bearish fractal; the indicators are in the grey zone; there is a Green bar on the MFI. After a bearish fractal, the pair may break the Alligator’s mouth upwards.



 
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