Bill Williams’ Indicators Analysis 11.04.2013 (USD/CAD, NZD/USD)

11.04.2013

Analysis for April 11th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is still sleeping. The price is completing a bearish fractal, so the indicators are in the red zone so far; there is a Squat bar on the MFI. I’m keeping my buy order opened with a protective stop placed below a bearish fractal.



At the H1 chart of the USD/CAD currency pair, the Alligator is waking up slowly. AO and AC indicators are in the red zone; there might be a Squat bar on the MFI. I’m keeping my buy order opened with the target above the bullish fractals.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator’s mouth is opened upwards. The angle of angulation is open, the indicators are in the green zone; there is a Green bar on the MFI; however, a divergence with AC and the absence of completed bullish fractals is not a good sign. I expect the price to complete a bullish fractal and then start forming a bearish one.



At the H1 chart of the NZD/USD currency pair, the Alligator is moving upwards. There is a Green bar on the MFI, but the indicators are in the red zone and there is a divergence with AO. After the price completes a bullish fractal, I’m planning to open a pending order.



 
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