Bill Williams’ Indicators Analysis 19.08.2013 (USD/CAD, NZD/USD)

Analysis for August 19^th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. The price is forming a bearish fractal; AO and AC are very close to the balance line; there is a Green bar on the MFI. I opened one more sell order; a protective stop is above bullish fractals.



At the H1 chart of the USD/CAD currency pair, the Alligator is also sleeping. AO is in the green zone, AC is near the balance line; there is a Fade bar on the MFI. I expect the price to move downwards.

NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is still moving upwards. The Indicators are in the green zone, there is a divergence with AO; there is a Fade bar on the MFI, but might be a Squat one too. I’m keeping my buy order with a protective stop below the Alligator’s teeth.



At the H1 chart of the NZD/USD currency pair, the Alligator is also moving upwards. AO is in the green zone, AC is near the balance line; there is a Green bar on the MFI, but no Squat ones. A bearish fractal may reach the Alligator’s jaw (blue line); the price is expected to move upwards.



 
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