Bill Williams’ Indicators Analysis 31.10.2013 (USD/CAD, NZD/USD)

Analysis for October 31^st, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is still moving upwards. AO is in the green zone, AC is near the balance line; we can see a divergence with AO; there are Squat bars on the MFI. A bearish fractal may reach the Alligator’s teeth (red line).



At the H1 chart of the USD/CAD currency pair, the Alligator is also moving upwards. The price is finishing a bearish fractal; AO and AC are in the red zone; we can see a divergence with AO; there is a Green bar on the MFI and no Squat ones. The pair is expected to fall down a little bit.

NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is moving downwards. AO is in the red zone, AC is near the balance line; we can see a divergence with AO; there is a Squat bar on the MFI. After completing two equidistant fractals, the price may move upwards.



At the H1 chart of the NZD/USD currency pair, the Alligator is going to sleep. AO and AC are in the grey zone; there might be a Squat bar on the MFI. The price is expected to move upwards a little bit.



 
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