Bill Williams’ Indicators Analysis 18.07.2013 (USD/CAD, NZD/USD)

Analysis for July 18^th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is closing its mouth. AO is near the balance line, AC is in the green zone; there are Squat bars on the MFI. I expect the price to break bearish fractals.



At the H1 chart of the USD/CAD currency pair, the Alligator made a reverse upwards. The angle of angulation is open; we can see Saucer signal on AO, which is in the green zone, AC is near the balance line; there is a Fade bar on the MFI. After completing a bullish fractal, the price is expected to start moving downwards.

NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is moving upwards. The indicators are in the red zone, AC is near the balance line; the price is finishing a bearish fractal; there is a Fade bar on the MFI and might be a Squat one too. I’m keeping my buy order with a protective stop below the Alligator’s mouth.



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 Fade bar on the MFI and might be a Squat one too. After completing a bearish fractal, the price is expected to start growing up.



 
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