Bill Williams’ Indicators Analysis 21.10.2013 (USD/CAD, NZD/USD)

21.10.2013

Analysis for October 21st, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is moving downwards. The price is forming a bullish fractal; AO and AC are in the green zone; the angle of angulation is closing; there is a Green bar on the MFI. The bullish fractal near the Alligator’s lips.



At the H1 chart of the USD/CAD currency pair, the Alligator is closing its mouth. The price is forming a bullish fractal; AO and AC are near the balance line; there might be a Squat bar on the MFI. The bullish fractal may break the Alligator’s jaw (blue line).



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is moving upwards. The angulation is closing; AC and AO are in the red zone; there might be a Squat bar on the MFI. A bearish fractal nay reach the Alligator’s teeth (red line).



At the H1 chart of the NZD/USD currency pair, the Alligator is closing its mouth. The price is forming a bearish fractal; AO and AC are in the red zone, very close to the balance line; there is a Green bar on the MFI. The price is expected to fall down a little bit and break the Alligator’s jaw.



 
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