Bill Williams’ Indicators Analysis 03.06.2013 (USD/CAD, NZD/USD)

03.06.2013

Analysis for June 3rd, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. The price forming a bearish fractal; the indicators are in the grey zone; there might be a Squat bar on the MFI. I’m keeping my pending sell order with the target below a bearish fractal; a protective stop is above the Alligator.



At the H1 chart of the USD/CAD currency pair, the Alligator is also sleeping. The price forming a bearish fractal; the indicators are in the red zone; there are no Squat bars on the MFI. A bullish fractal may reach the Alligator’s lips.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator opened it mouth downwards again. The price forming a bullish fractal; AO and AC indicators are in the green zone; there is a Squat bar on the MFI. A bullish fractal may reach the Alligator’s jaw.



At the H1 chart of the NZD/USD currency pair, the Alligator is moving downwards. The angle of angulation is closing; the price forming a bullish fractal; AO and AC indicators are in the green zone; there is a Green bar on the MFI. Most likely, a bullish fractal will be stopped by the Alligator’s teeth.



 
RoboForex Analytical Department

Attention!

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.