Bill Williams’ Indicators Analysis 15.10.2013 (USD/CAD, NZD/USD)
15.10.2013
Analysis for October 15th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is making a reverse. AO and AC are in the grey zone; there are no Squat bars on the MFI. I expect the price to move downwards.
At the H1 chart of the USD/CAD currency pair, the Alligator is also moving downwards. The price is forming a bullish fractal; we can see a divergence with AO; the indicators are in the green zone; there is a Squat bar on the MFI. The bullish fractal may reach the Alligator’s jaw (blue line).
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator opened its mouth upwards. AC and AO are in the grey zone; there is a Squat bar on the MFI. I expect the price to complete a bearish fractal near the Alligator’s lips and then move upwards.
At the H1 chart of the NZD/USD currency pair, the Alligator is moving upwards. AO and AC are in the grey zone; the price is forming a bearish fractal; there is a Fade bar on the MFI. The bearish fractal may reach the Alligator’s teeth.
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