Bill Williams’ Indicators Analysis 27.08.2013 (USD/CAD, NZD/USD)

27.08.2013

Analysis for August 27th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is still moving upwards. The price is forming a bullish fractal; AO and AC are in the grey zone; there is a Squat bar on the MFI. I expect the price to move upwards.



At the H1 chart of the USD/CAD currency pair, the Alligator is opening its mouth upwards. The indicators are in the green zone; there is a Fade bar on the MFI. I expect the price to move upwards.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is still moving downwards. The indicators are in the red zone, the price is forming a bearish fractal; there is a Fade bar on the MFI. I’m keeping my sell order; a protective stop is above the lips (green line).



At the H1 chart of the NZD/USD currency pair, the Alligator is making a reverse downwards. The indicators are in the red zone; the price is forming a bearish fractal; there is a Green bar on the MFI. I expect the pair to move downwards.



 
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