Action Bias is derived from our proprietary algorithms based on technical studies of prices of currency pairs. Action Bias is NOT intended for use as trading signals. Even though it is by no means 100% accurate, it could be one of the best tools for a trader to reference to before deciding on your trades. There are just too many possibilities. Explore and have fun.

Below is a summary of Action Bias of dollar index plus 28 currency pairs for four time frames - 4 hours, daily, weekly and Monthly. The table will be updated throughout the trading day.

See note for more explanations

Remember to click on the pairs to view the Action Bias Charts.

Action Bias Summary Table

	Hourly	6 Hours	Daily	Weekly	Charts	Last Updated
EURUSD	- NE	↓ DN	↓ DN	↓ DN		May 17 20:54 GMT
USDJPY	↑ UP	- NE	↑ UP	↑ UP		May 17 20:54 GMT
GBPUSD	↓ DN	- NE	↓ DN	- NE		May 17 20:54 GMT
USDCHF	- NE	↑ UP	↑ UP	↑ UP		May 17 20:54 GMT
USDCAD	↑ UP	↑ UP	↑ UP	- NE		May 17 20:54 GMT
AUDUSD	- NE	↓ DN	↓ DN	↓ DN		May 17 20:54 GMT
NZDUSD	- NE	↓ DN	↓ DN	↓ DN		May 17 20:54 GMT
EURJPY	↑ UP	- NE	↑ UP	↑ UP		May 17 20:54 GMT
EURGBP	- NE	- NE	- NE	- NE		May 17 20:54 GMT
EURCHF	↑ UP	- NE	- NE	↑ UP		May 17 20:54 GMT
EURCAD	- NE	↑ UP	- NE	↓ DN		May 17 20:54 GMT
EURAUD	- NE	↑ UP	↑ UP	- NE		May 17 20:54 GMT
EURNZD	- NE	↑ UP	↑ UP	- NE		May 17 20:54 GMT
GBPJPY	↑ UP	- NE	↑ UP	↑ UP		May 17 20:54 GMT
CHFJPY	- NE	- NE	- NE	↑ UP		May 17 20:54 GMT
CADJPY	- NE	- NE	↑ UP	↑ UP		May 17 20:54 GMT
AUDJPY	↑ UP	- NE	↓ DN	- NE		May 17 20:54 GMT
NZDJPY	- NE	- NE	- NE	- NE		May 17 20:54 GMT
GBPCHF	- NE	↑ UP	↑ UP	↑ UP		May 17 20:54 GMT
GBPCAD	- NE	- NE	- NE	- NE		May 17 20:54 GMT
GBPAUD	- NE	↑ UP	↑ UP	↑ UP		May 17 20:54 GMT
GBPNZD	- NE	↑ UP	↑ UP	- NE		May 17 20:54 GMT
CADCHF	- NE	- NE	↑ UP	↑ UP		May 17 20:54 GMT
AUDCHF	- NE	- NE	↓ DN	- NE		May 17 20:54 GMT
NZDCHF	- NE	↓ DN	↓ DN	- NE		May 17 20:54 GMT
AUDCAD	- NE	- NE	↓ DN	↓ DN		May 17 20:54 GMT
NZDCAD	- NE	- NE	↓ DN	- NE		May 17 20:54 GMT
AUDNZD	↑ UP	- NE	- NE	↓ DN		May 17 20:54 GMT

Note:

Action Bias is derived from our proprietary algorithms based on technical studies of prices of currency pairs. Action Bias is NOT intended for use as trading signals. Though it is by no means 100% accurate, it could be one of the best tools for a trader to reference to before deciding on your trades. Here are some possible uses:

• Action Bias can be used to determine the primary direction to trade the currency pair. That is, one could only consider going long when Action Bias is on the upside and short only when Action Bias is on the downside.
• Action Bias can also be used to determine the exit of your trades. For example, one could consider exiting a long trade when Action Bias changes from up to neutral.
• Action Bias of different time frames can be used to reference each other. For example, an intraday trader could only consider going long when 4 hours and daily bias are NOT in conflict. That means, when 4 hours bias is up and daily bias is at least neutral.
• Action Bias of different pairs can be compared to have better understanding of the strength of a certain currency. For example, one could compare both the daily bias and weekly bias of all JPY crosses to see if there is particular underlying strength or weakness in Japanese Yen.

There are just too many possibilities. Explore and have fun.

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