Bill Williams’ Indicators Analysis 20.06.2013 (USD/CAD, NZD/USD)

Analysis for June 20^th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is making a reverse upwards. The price is finishing a bullish fractal; the indicators are in the green zone; there is a Squat on the MFI. I’m keeping a buy order, a protective stop is below the Alligator’s lips (green line).



At the H1 chart of the USD/CAD currency pair, the Alligator is moving upwards. The price is forming a bullish fractal; the angle of angulation is open; the indicators are in the green zone, AC is near the balance line; there is a Green bar on the MFI and might be a Squat one too. I expect the price to complete the bearish fractal and then start moving upwards.

NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is opening its mouth downwards again. The angle of angulation is open; the price is forming a bearish fractal; the indicators are in the red zone; there is a Squat bar on the MFI. My pending order worked; a protective stop is above the Alligator’s mouth.



At the H1 chart of the NZD/USD currency pair, the Alligator is moving downwards. AO and AC indicators are in the red zone, AC is very close to the balance line; there is a Fade bar on the MFI and might be a Squat one too. I expect the price to complete a bearish fractal and then move downwards to test the Alligator’s teeth.



 
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