Bill Williams’ Indicators Analysis 06.06.2013 (USD/CAD, NZD/USD)

Analysis for June 6^th, 2013

USD/CAD

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



At the H1 chart of the USD/CAD currency pair, the Alligator is sleeping. The price is finishing a bearish fractal; AO and AC indicators are in the red zone; there might be a Squat bar on the MFI. I expect the breakdown of the bearish fractal.

NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is sleeping. AO and AC indicators are in the grey zone; there is a Fade bar on the MFI, but might be a Squat one too. A bullish fractal may break the Alligator’s mouth.



At the H1 chart of the NZD/USD currency pair, the Alligator closed its mouth again. The price is forming a bullish fractal; the indicators are in the green zone; there might be a Squat bar on the MFI. I expect the pair to moving upwards.



 
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