Bill Williams’ Indicators Analysis 12.06.2013 (USD/CAD, NZD/USD)

Analysis for June 12^th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is still moving downwards. The price is forming a bullish fractal; the indicators are in the grey zone; there is a Squat bar on the MFI. I’m keeping my order; a protective stop is above the Alligator’s teeth.



At the H1 chart of the USD/CAD currency pair, the Alligator is opening its mouth downwards again. AO and AC indicators are in the red zone, near the zero line; there is a Fade bar on the MFI and might be a Squat one too. I expect a bearish fractal to reach Take Profit.

NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is moving downwards, but closing its mouth slowly. The price is forming a bullish fractal; the indicators are in the green zone; there is a Fade bar on the MFI, but might be a Squat one too. A bullish fractal may break the Alligator’s jaw.



At the H1 chart of the NZD/USD currency pair, the Alligator is sleeping. The price is finishing a bullish fractal; AO and AC are near the balance line; there is a Green bar on the MFI and might be a Squat one too. I’m planning to open a buy order as soon as the price forms a bearish fractal.



 
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