Bill Williams’ Indicators Analysis 22.04.2013 (USD/CAD, NZD/USD)

Analysis for April 22^nd, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is moving upwards. There is a Squat bar on the MFI; the indicators are in the grey zone (directed in different directions); the price forming a bearish fractal. I’m keeping my buy order opened with the target above a bullish fractal.



At the H1 chart of the USD/CAD currency pair, the Alligator is sleeping. The indicators are in the red zone; there is no activity on the MFI. If a new bearish fractal “touches” my protective stop, I’ll open a new buy order.

NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is moving downwards. AO and AC indicators are in the red zone; there is a Squat bar on the MFI; the price is forming a bearish fractal. I’ve opened a sell order with a protective stop above the Alligator’s jaw.



At the H1 chart of the NZD/USD currency pair, the Alligator is sleeping. The indicators are in the grey zone; there might be a Squat bar on the MFI, so one should be very attentive.



 
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