AUD/CAD Action Bias

 
Current
H
6H
D
W

Last Updated: Apr 19 04:36 GMT

Technical Studies
Last Updated: Apr 19 04:36 GMT
8 EMA
0.9560
21 EMA
0.9565
55 EMA
0.9571
ADX
15.45
+DMI
12.77
-DMI
42.54
RSI
42.54
MACD
-0.0005
MACD Signal
-0.0004
Bollinger Band Upper
0.9581
Bollinger Band Lower
0.9549
Bollinger Band Width
0.0032

Technical Studies
Last Updated: Apr 19 04:36 GMT
8 EMA
0.9567
21 EMA
0.9564
55 EMA
0.9539
ADX
32.57
+DMI
21.84
-DMI
49.34
RSI
49.34
MACD
0.0008
MACD Signal
0.0002
Bollinger Band Upper
0.9600
Bollinger Band Lower
0.9548
Bollinger Band Width
0.0052

Technical Studies
Last Updated: Apr 19 04:36 GMT
8 EMA
0.9556
21 EMA
0.9526
55 EMA
0.9500
ADX
18.61
+DMI
19.73
-DMI
57.46
RSI
57.46
MACD
0.0027
MACD Signal
0.0005
Bollinger Band Upper
0.9605
Bollinger Band Lower
0.9442
Bollinger Band Width
0.0164

Technical Studies
Last Updated: Apr 19 04:36 GMT
8 EMA
0.9509
21 EMA
0.9502
55 EMA
0.9571
ADX
11.70
+DMI
16.89
-DMI
53.63
RSI
53.63
MACD
-0.0007
MACD Signal
-0.0001
Bollinger Band Upper
0.9638
Bollinger Band Lower
0.9374
Bollinger Band Width
0.0264

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.