Bill Williams’ Indicators Analysis 28.05.2013 (USD/CAD, NZD/USD)

28.05.2013

Analysis for May 28th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is closing its mouth and going to sleep. The price forming a bearish fractal; AO and AC indicators are in the green zone; there are no Squat bara 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 opening its mouth upwards.  AO and AC indicators are in the green zone; there might be a Squat bar on the MFI. A bearish fractal may break the Alligator’s jaw.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is moving downwards. The price forming a bullish fractal; AO and AC indicators are in the green zone; there is a Squat bar on the MFI. I’m staying out of the market until the price completes a new bullish fractal.



At the H1 chart of the NZD/USD currency pair, the Alligator is sleeping. The indicators are in the grey zone; there is a Fade bar on the MFI. I’m expecting the price to break a bearish fractal.



 
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