Bill Williams’ Indicators Analysis 25.06.2013 (USD/CAD, NZD/USD)
25.06.2013
Analysis for June 25th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is moving upwards. The price is forming a bullish fractal; AO and AC indicators are in the red zone; there is a Green bar on the MFI and might be a Squat one too. I’m staying out of the market until the pair finishes the bullish fractal.
At the H1 chart of the USD/CAD currency pair, the Alligator is almost sleeping. The price is forming a bullish fractal; AO and AC indicators are in the red zone, near the balance line; there is a Green bar on the MFI but no Squat ones. I expect the price to start moving upwards.
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is moving downwards, but slowly closing its mouth. The price is forming a bearish fractal; the indicators are in the grey zone; there is a Green bar on the MFI and might be a Squat one too. The bearish fractal may reach Take Profit.
At the H1 chart of the NZD/USD currency pair, the Alligator is sleeping. AO and AC indicators are in the grey zone; there is a Green bar on the MFI. The Alligator may continue moving downwards.
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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.