Bill Williams’ Indicators Analysis 12.11.2013 (USD/CAD, NZD/USD)

12.11.2013

Analysis for November 12th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator continues moving upwards. The indicators are in red zone; the price is forming bullish fractal; there is Squat bar on the MFI. Bearish fractal may reach the Alligator’s lips (green line).



At the H1 chart of the USD/CAD currency pair, the Alligator is moving upwards. The price is forming bearish fractal; AO is near balance line, AC is in green zone; there might be Squat 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 reversed downwards. The indicators are in green zone; there is Squat bar on the MFI. Bullish fractal may reach the Alligator’s teeth (red 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 might be Squat bar on the MFI. Bullish fractal may reach the Alligator’s jaw (blue line).



 
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