Bill Williams’ Indicators Analysis 09.09.2013 (USD/CAD, NZD/USD)

Analysis for September 9^th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is moving downwards. The price is forming a new bearish fractal; AO and AC are in the grey zone; there is a Squat bar on the MFI. After completing the bearish fractal, I expect the angle of angulation to close; a bullish fractal may reach the Alligator’s teeth (red line).



At the H1 chart of the USD/CAD currency pair, the Alligator is moving downwards. The price is forming a bearish fractal; AO is in the green zone, AC is near the balance line; there is a Green bar on the MFI and might be a Squat one too. The price is expected to fall down a bit.

NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is moving upwards. The indicators are in the red zone, AC is near the balance line; there is a Fade bar on the MFI. A bearish fractal may reach the Alligator’s teeth (red line).



At the H1 chart of the NZD/USD currency pair, the Alligator closing its mouth. The indicators are in the green zone; there is a Fade bar on the MFI. The price is expected to break the Alligator’s mouth downwards.



 
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