Bill Williams’ Indicators Analysis 04.10.2013 (USD/CAD, NZD/USD)

Analysis for October 4^th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is sleeping. The indicators are near the balance line; there is a Fade bar on the MFI. I expect the price to move downwards.



At the H1 chart of the USD/CAD currency pair, the Alligator is sleeping. The price is forming a bullish fractal; the indicators are near the balance line; there is a Green bar on the MFI. I expect the price to form a bullish fractal and then move downwards.

NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is sleeping. AO and AC are near the balance line; there is a Fade bar on the MFI. I expect the price to form a bearish fractal and then move upwards.



At the H1 chart of the NZD/USD currency pair, the Alligator is sleeping. AO is near the balance line, AC is in the green zone; there is a Fade bar on the MFI. I expect the price to form a bullish fractal and then move downwards.



 
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