Bill Williams’ Indicators Analysis 26.07.2013 (USD/CAD, NZD/USD)

26.07.2013

Analysis for July 26th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is moving downwards. AO and AC indicators are in the red zone; there are no Squat bars on the MFI. I’m keeping my sell order with the target below bearish fractals; a protective stop is above the Alligator’s teeth.



At the H1 chart of the USD/CAD currency pair, the Alligator opened its mouth downwards. AO and AC are in the grey zone; there is a Squat bar on the MFI; the price is forming a bearish fractal. The price is expected to fall down towards Take Profit.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is still moving upwards. AO and AC are in the grey zone; there is a Fade bar on the MFI, and might be a Squat one too. I expect the price to complete a bullish fractal and the angle of angulation to close.



At the H1 chart of the NZD/USD currency pair, the Alligator opened its mouth upwards. The indicators are in the red zone; the price is forming a bearish fractal; there is a Fade bar on the MFI, and might be a Squat one too. The price is expected to move upwards.



 
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