Bill Williams’ Indicators Analysis 11.11.2013 (USD/CAD, NZD/USD)
11.11.2013
Analysis for November 11th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is opening its mouth upwards. The indicators are in grey zone; the price is forming bearish fractal; there might be Squat bar on the MFI. After bearish fractal, I expect breakout of fractals to the upside.
At the H1 chart of the USD/CAD currency pair, the Alligator is moving upwards. AO and AC are in red zone; there is Green bar on the MFI. Bearish fractal may reach the Alligator’s jaw (blue line).
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is turning downwards. The indicators are in red zone; there are no Squat bars on the MFI. Bullish fractal may reach the Alligator’s jaw (blue line) and then I expect breakout of fractals to the downside.
At the H1 chart of the NZD/USD currency pair, the Alligator is moving downwards. AO and AC are in green zone; there are no Squat bars on the MFI. Bullish fractal may reach the Alligator’s jaw (blue line).
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