Bill Williams’ Indicators Analysis 28.10.2013 (USD/CAD, NZD/USD)

Analysis for October 28^th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is moving upwards. The indicators are in the red zone; there might be a Squat bar on the MFI. A bearish fractal may reach the Alligator’s lips (green line), and then I expect the price to move upwards.



At the H1 chart of the USD/CAD currency pair, the Alligator is closing its lips (green line). The price is finishing a bullish fractal; AO is near the balance line, AC is in the green zone; there is a Fade bar and no Squat ones on the MFI. A bearish fractal may reach the Alligator’s jaw (blue line).

NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is moving downwards. the price is forming a bullish fractal; AO and AC are in the green zone; there might be a Squat bar on the MFI. A bullish fractal my reach the Alligator’s lips (green line).



At the H1 chart of the NZD/USD currency pair, the Alligator is also moving downwards, but is starting to close its mouth. The price is finishing a bearish fractal; AO and AC are in the red zone; there is a Fade bar on the MFI. A bullish fractal may reach the Alligator’s jaw (blue line).



 
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