Bill Williams’ Indicators Analysis 19.06.2013 (USD/CAD, NZD/USD)

Analysis for June 19^th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. The divergence made the price to move upwards; the price is forming a bearish fractal; the indicators are in the grey zone; there is a Fade on the MFI. I’m keeping a buy order, a protective stop is below the Alligator’s mouth.



At the H1 chart of the USD/CAD currency pair, the Alligator is moving upwards. The price is forming a bearish fractal; the indicators are in the red zone; there is a Green bar on the MFI, but no Squat ones yet. I expect the price to complete the bearish fractal and then start moving upwards.

NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is sleeping. The price formed a bullish fractal; the indicators are in the grey zone; there is a Squat bar on the MFI. I’m keeping a pending order with the target below bearish fractals.



At the H1 chart of the NZD/USD currency pair, the Alligator is also sleeping. The indicators are in the green zone, AO is very close to the balance line; there is a Fade bar on the MFI and no Squat ones yet. I expect the price to complete a bullish fractal and then start moving downwards.



 
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