AUD/CAD Action Bias

 
Current
H
6H
D
W

Last Updated: Jun 05 02:06 GMT

Technical Studies
Last Updated: Jun 05 02:06 GMT
8 EMA
0.9372
21 EMA
0.9362
55 EMA
0.9336
ADX
33.59
+DMI
32.63
-DMI
59.90
RSI
59.90
MACD
0.0011
MACD Signal
0.0010
Bollinger Band Upper
0.9411
Bollinger Band Lower
0.9305
Bollinger Band Width
0.0106

Technical Studies
Last Updated: Jun 05 02:06 GMT
8 EMA
0.9350
21 EMA
0.9292
55 EMA
0.9211
ADX
35.82
+DMI
32.57
-DMI
63.87
RSI
63.87
MACD
0.0055
MACD Signal
0.0011
Bollinger Band Upper
0.9434
Bollinger Band Lower
0.9134
Bollinger Band Width
0.0300

Technical Studies
Last Updated: Jun 05 02:06 GMT
8 EMA
0.9288
21 EMA
0.9188
55 EMA
0.9044
ADX
33.14
+DMI
29.16
-DMI
77.14
RSI
77.14
MACD
0.0091
MACD Signal
0.0018
Bollinger Band Upper
0.9372
Bollinger Band Lower
0.8981
Bollinger Band Width
0.0390

Technical Studies
Last Updated: Jun 05 02:06 GMT
8 EMA
0.9108
21 EMA
0.8984
55 EMA
0.9048
ADX
28.44
+DMI
22.63
-DMI
64.17
RSI
64.17
MACD
0.0062
MACD Signal
0.0012
Bollinger Band Upper
0.9379
Bollinger Band Lower
0.8392
Bollinger Band Width
0.0987

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.

   = Upside Bias

   = Neutral Bias

   = Downside Bias

Here are some possible uses:

  1. 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.
  2. 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.
  3. 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.
  4. 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.