AUD/CAD Action Bias

 
Current
H
6H
D
W

Last Updated: Mar 01 00:12 GMT

Technical Studies
Last Updated: Mar 01 00:12 GMT
8 EMA
0.9826
21 EMA
0.9841
55 EMA
0.9885
ADX
54.90
+DMI
16.77
-DMI
46.65
RSI
46.65
MACD
-0.0022
MACD Signal
-0.0028
Bollinger Band Upper
0.9889
Bollinger Band Lower
0.9775
Bollinger Band Width
0.0114

Technical Studies
Last Updated: Mar 01 00:15 GMT
8 EMA
0.9869
21 EMA
0.9901
55 EMA
0.9883
ADX
37.56
+DMI
19.16
-DMI
37.75
RSI
37.75
MACD
-0.0014
MACD Signal
-0.0003
Bollinger Band Upper
1.0045
Bollinger Band Lower
0.9819
Bollinger Band Width
0.0227

Technical Studies
Last Updated: Mar 01 00:06 GMT
8 EMA
0.9883
21 EMA
0.9862
55 EMA
0.9792
ADX
28.38
+DMI
17.41
-DMI
48.88
RSI
48.88
MACD
0.0027
MACD Signal
0.0005
Bollinger Band Upper
0.9992
Bollinger Band Lower
0.9705
Bollinger Band Width
0.0287

Technical Studies
Last Updated: Mar 01 00:12 GMT
8 EMA
0.9820
21 EMA
0.9712
55 EMA
0.9503
ADX
23.01
+DMI
22.04
-DMI
60.39
RSI
60.39
MACD
0.0116
MACD Signal
0.0023
Bollinger Band Upper
1.0026
Bollinger Band Lower
0.9358
Bollinger Band Width
0.0669

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.