Bill Williams’ Indicators Analysis 29.10.2013 (USD/CAD, NZD/USD)
29.10.2013
Analysis for October 29th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is moving upwards. The indicators are in the red zone; the price is forming a bearish fractal; there is a Squat bar on the MFI. A bearish fractal may reach the Alligator’s teeth (red line), and then I expect the price to move upwards.
At the H1 chart of the USD/CAD currency pair, the Alligator is sleeping. The price is finishing a bearish fractal; AO and AC are in the red zone; there might be a Squat bar on the MFI. The pair is expected to fall down a little bit.
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is moving downwards. AO is in the green zone, AC is near the balance line; there might be a Squat bar on the MFI. A bullish fractal my reach the Alligator’s lips (green line).
At the H1 chart of the NZD/USD currency pair, the Alligator is also moving downwards. AO and AC are in the grey zone; there is a Squat bar on the MFI. A bullish fractal may reach the Alligator’s jaw (blue line).
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