Bill Williams’ Indicators Analysis 07.11.2013 (USD/CAD, NZD/USD)

Analysis for November 7^th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. The indicators are in the red zone; the price is forming a bullish fractal; there might be a Squat bar on the MFI. I expect slight breakout of fractals to the downside.



At the H1 chart of the USD/CAD currency pair, the Alligator is moving downwards. AO and AC are in the grey zone; there might be 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 reversed upwards. The price is forming a bearish fractal; the indicators are in the red zone; there might be a Squat bar on the MFI. The bearish fractal may reach the Alligator’s teeth (red line) and then I expect breakout of fractals to the upside.



At the H1 chart of the NZD/USD currency pair, the Alligator is going to sleep. AO and AC are in the green zone; the price is forming a bullish fractal; there is a Green bar on the MFI. After two equidistant fractals, I expect breakout of fractals upwards.



 
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