Bill Williams’ Indicators Analysis 25.04.2013 (USD/CAD, NZD/USD)

25.04.2013

Analysis for April 25th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is slowing down and closing its mouth. The indicators are in the red zone; there are Squat bars on the MFI; I’ve moved a protective stop closer to Take Profit.



At the H1 chart of the USD/CAD currency pair, the Alligator is still sleeping. The indicators are in the grey zone; there is a Fade bar on the MFI; the price is forming a bearish fractal. I’m keeping my buy order opened, `cause I think the pair may reach Take Profit.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is slowly making a reverse upwards. The price is forming a fractal above the Alligator’s mouth. AO and AC indicators are in the grey zone; there is a Squat bar on the MFI. After the price completes a bearish fractal, I may open a new buy order.



At the H1 chart of the NZD/USD currency pair, the Alligator is moving upwards slowly. There is a divergence with AO; the indicators are in the red zone. After the price completes a bearish fractal, I may open a new buy order from the Alligator’s teeth.



 
RoboForex Analytical Department

Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.