Bill Williams’ Indicators Analysis 03.10.2013 (USD/CAD, NZD/USD)
03.10.2013
Analysis for October 3rd, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. The price is forming a bearish fractal; the indicators are in the red zone; there is a Fade bar on the MFI. I expect the price to move downwards
At the H1 chart of the USD/CAD currency pair, the Alligator is making a reverse downwards. AC is near the balance line, AO is in the green zone; there is a Green bar on the MFI. I expect the price to form a bullish fractal and then move downwards.
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is also sleeping. The angle of angulation is closed; AO and AC are in the green zone; there is a Squat bar on the MFI. I expect the price to form a bearish fractal and then move upwards.
At the H1 chart of the NZD/USD currency pair, the Alligator made a reverse upwards. AO and AC are in the green zone; there is a Green bar on the MFI. I expect the price to form a bearish fractal and then move upwards.
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