Bill Williams’ Indicators Analysis 15.08.2013 (USD/CAD, NZD/USD)

15.08.2013

Analysis for August 15th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. The price is finishing a bearish fractal; AO and AC are in the grey zone; there are three Squat bars in a row on the MFI. I’m keeping my sell order; a protective stop is above the Alligator’s mouth.



At the H1 chart of the USD/CAD currency pair, the Alligator is making a reverse downwards. The indicators are in the grey zone; there is a Green bar on the MFI. A bullish fractal may reach the Alligator’s teeth (red line).



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator started moving upwards again. AO and AC indicators are in the grey zone; the angle of angulation is open; the price is finishing a bullish fractal; there is a Fade bar on the MFI. I opened a buy order with a protective stop below the Alligator’s teeth.



At the H1 chart of the NZD/USD currency pair, the Alligator is also moving upwards. The Indicators are in the green zone, AC is near the balance line; there is a Green bar on the MFI. A bearish fractal may reach the Alligator’s jaw (blue line).



 
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