Bill Williams’ Indicators Analysis 02.07.2013 (USD/CAD, NZD/USD)

Analysis for July 2^nd, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is slowly moving upwards. The price is forming a bullish fractal; AO and AC are near the balance line in the grey zone; there is a Fade bar on the MFI and might be a Squat one too. I opened a buy order with a protective stop below the Alligator’s teeth.



At the H1 chart of the USD/CAD currency pair, the Alligator is sleeping. AO and AC indicators are near the balance line in the red zone; there is a Fade bar on the MFI and might be a Squat one too. I expect the pair to move upwards.

NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is sleeping. The indicators are near the balance line in the grey zone; the price is forming a bearish fractal; there is a Green bar on the MFI and might be a Squat one too. I expect the price to move downwards.



At the H1 chart of the NZD/USD currency pair, the Alligator is still sleeping. The price is forming a bullish fractal; AO in near the balance line, AC is in the green zone; there is a Green bar on the MFI. After the pair breaks bearish fractals, the Alligator may reverse upwards.



 
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