Bill Williams’ Indicators Analysis 28.08.2013 (USD/CAD, NZD/USD)

28.08.2013

Analysis for August 28th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is closing its mouth. The price is forming a bearish fractal; AO is near the balance line, AC is in the grey zone; there is a Fade bar on the MFI. I expect the price to move upwards.


At the H1 chart of the USD/CAD currency pair, the Alligator is sleeping. The indicators are in the green zone; there is a Green 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 continues moving downwards. AO is in the green zone, AC is near the balance lien; the price is forming a bullish fractal; there is a Fade bar on the MFI. There is a divergence with AO, that’s why I’m moving my protective stop closer to the Alligator’s lips (green line).



At the H1 chart of the NZD/USD currency pair, the Alligator is moving downwards. The indicators are in the red zone; the price is finishing a bearish fractal; there are two Squat bars on the MFI. I expect the pair to move downwards.



 
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.