Bill Williams’ Indicators Analysis 27.05.2013 (USD/CAD, NZD/USD)
27.05.2013
Analysis for May 27th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is slowing down. The price forming a bullish fractal; AO and AC indicators are in the red zone; there might be a Squat bar on the MFI; I’m keeping my buy order; a protective stop is below the Alligator’s teeth.
At the H1 chart of the USD/CAD currency pair, the Alligator is sleeping. AO is near the balance line; AC is in the red zone; there is a Squat bar on the MFI. I’m keeping my buy order with the target above a bullish fractal.
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is closing its mouth. The price forming a bullish fractal; AO and AC indicators are in the grey zone; there might be a Squat bar on the MFI. I’m staying out of the market until the price completes a bullish fractal.
At the H1 chart of the NZD/USD currency pair, the Alligator is sleeping. The indicators are in the green zone; there is a Green bar on the MFI and might be a Squat one too.
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.