Bill Williams’ Indicators Analysis 05.07.2013 (USD/CAD, NZD/USD)

05.07.2013

Analysis for July 5th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is closing its mouth. Two-sided fractal reached the Alligator’s jaw; AO and AC indicators are near the balance line; there is a Squat bar on the MFI. I expect the pair to start moving upwards.



At the H1 chart of the USD/CAD currency pair, the Alligator is sleeping. AO and AC indicators are in the red zone; there is a Fade bar on the MFI. I opened one more buy order; a protective stop is placed below the Alligator’s mouth.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is still sleeping. The price is forming a bearish fractal; AO and AC indicators are in the red zone, very close to the balance line; there is a Squat bar on the MFI. I opened a sell order; a protective stop is above the bullish fractals.



At the H1 chart of the NZD/USD currency pair, the Alligator closing its mouth. The price is forming a bullish fractal; AO is near the balance line, both indicators are in the grey zone; there is a Green bar on the MFI, but no Squat ones. I expect the pair to start moving downwards.



 
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