Bill Williams’ Indicators Analysis 30.07.2013 (USD/CAD, NZD/USD)

30.07.2013

Analysis for July 30th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is moving downwards. We can see a divergence with AO; the price is forming a bullish fractal; AO is in the green zone, AC is near the balance line; there are Squat bars on the MFI. I’m keeping my sell order; a protective stop is above the Alligator’s teeth.



At the H1 chart of the USD/CAD currency pair, the Alligator is hiding its lips (green line). We can see a divergence with AO, both indicators are in the green zone; the price is forming a bullish fractal; there is a Green bar on the MFI. The price is expected to fall down.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is making a reverse downwards. The price is forming a bearish fractal; AO and AC are in the red zone; there is a Green bar on the MFI and might be a Squat one too. The price broke the Alligators teeth; I opened a sell order and expect the pair to break the Alligator’s jaw.



At the H1 chart of the NZD/USD currency pair, the Alligator made a reverse downwards. The indicators are in the red zone; there is a Green bar on the MFI and might be a Squat one too. The price is expected to move downwards.



 
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