Bill Williams’ Indicators Analysis 13.05.2013 (USD/CAD, NZD/USD)

Analysis for May 13^th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is making a reverse upwards. The price completed a fractal above the Alligator’s mouth, and right now is forming a bearish one; the indicators are in the grey zone; there is a Squat bar on the MFI. I’m planning to place a limit buy order as soon as the price reached the Alligator’s teeth.



At the H1 chart of the USD/CAD currency pair, the Alligator is moving upwards. AO and AC indicators are in the red zone; there might be a Squat bar on the MFI. At this timeframe, bearish fractal may reach the Alligator’s jaw.

NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is opening its mouth downwards. The angle of angulation is open; the price completed a bearish fractal; AO and AC indicators are in the grey zone; there are two Squat bars in a row on the MFI. I’m staying out of the market until the price finishes a bullish fractal.



At the H1 chart of the NZD/USD currency pair, the Alligator is moving downwards. The angle of angulation is closing; the price is forming a new bearish fractal; AO and AC indicators are in the grey zone, so the fractal is quite unlikely to break the minimum. There is a Fade bar on the MFI; however, there might be a Squat one too. A bullish fractal may reach the Alligator’s jaw.



 
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