Bill Williams’ Indicators Analysis 03.07.2013 (USD/CAD, NZD/USD)

Analysis for July 3^rd, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is moving upwards. The price is forming a bearish fractal; AO and AC are in the grey zone; there is a Fade bar on the MFI. I’m keeping my buy order; a protective stop is below the Alligator’s teeth.



At the H1 chart of the USD/CAD currency pair, the Alligator is also moving upwards. AO and AC indicators are in the green zone; there is a Fade bar on the MFI and might be a Squat one too. A protective stop is placed below the Alligator’s mouth.

NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is opening its mouth downwards. The indicators are 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 opened a sell order with the target below bearish fractals; a protective stop is above the Alligator’s mouth.



At the H1 chart of the NZD/USD currency pair, the Alligator is also opening its mouth downwards. AO and AC are in the red zone; there is a Green bar on the MFI. A bullish fractal may reach the Alligator’s jaw; a protective stop is placed above the Alligator’s mouth.



 
RoboForex Analytical Department