Bill Williams’ Indicators Analysis 26.08.2013 (USD/CAD, NZD/USD)
26.08.2013
Analysis for August 26th, 2013
USD/CAD
At the H4 chart of the USD/CAD currency pair, the Alligator is “hiding” its lips, but still moving upwards. The price finished a bearish fractal; the angle of angulation is closed; AO and AC are in the red zone; there is a Squat bar on the MFI. I expect the price to move upwards.
At the H1 chart of the USD/CAD currency pair, the Alligator is sleeping. The indicators are in the green zone, AC is near the balance line; there is a Fade bar on the MFI. I expect the price to move upwards.
NZD/USD
At the H4 chart of the NZD/USD currency pair, the Alligator is moving downwards. The indicators are in the green zone, the price is finishing a bullish fractal; there is a Squat bar on the MFI. I’m keeping my sell order; a protective stop is above the jaw.
At the H1 chart of the NZD/USD currency pair, the Alligator is sleeping. The indicators are in the grey zone; the price is finishing a bullish fractal; there is a Squat bar on the MFI. A bullish fractal may break the Alligator’s jaw (blue line).
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