Bill Williams’ Indicators Analysis 14.08.2013 (USD/CAD, NZD/USD)
14.08.2013
Analysis for August 14th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator closed its mouth. The price is finishing a bullish fractal; the indicators are in the grey zone, near the balance line; there is a Fade bar on the MFI, but might be a Squat one too. A bearish fractal may break the Alligator’s mouth; I’m staying out of the market.
At the H1 chart of the USD/CAD currency pair, the Alligator is moving upwards. The Indicators are in the green zone, near the balance line; there is a Green bar on the MFI. I expect the pair to move upwards a little bit.
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is sleeping. AO and AC indicators are in the grey zone; the price is forming a bullish fractal; there is a Fade bar on the MFI. The pair is expected to grow up.
At the H1 chart of the NZD/USD currency pair, the Alligator is closing its mouth. The Indicators are in the green zone, near the balance line; there is a Green bar on the MFI. A bearish fractal may break the Alligator’s mouth; later I expect the price to move upwards.
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.