Bill Williams’ Indicators Analysis 19.09.2013 (USD/CAD, NZD/USD)
19.09.2013
Analysis for September 19th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is moving downwards. The indicators are in the red zone; there is a Squat bar on the MFI. I expect the price to rebound from the Alligator’s lips while forming a bullish fractal.
At the H1 chart of the USD/CAD currency pair, the Alligator is also moving downwards. The indicators are in the green zone; there is a Fade bar on the MFI. I expect the price to rebound from the Alligator’s jaw while forming a bullish fractal.
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is moving upwards. The angle of angulation is open; the indicators are in the green zone; there is a Fade bar on the MFI. The price is expected to move upwards.
At the H1 chart of the NZD/USD currency pair, the Alligator is also moving upwards. AO and AC are in the red zone; there is a Fade bar on the MFI. A bearish fractal may reach the Alligator’s jaw.
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