AUD/CAD Action Bias

 
Current
H
6H
D
W

Last Updated: Jul 21 21:27 GMT

Technical Studies
Last Updated: Jul 21 21:27 GMT
8 EMA
0.9204
21 EMA
0.9207
55 EMA
0.9197
ADX
22.43
+DMI
17.73
-DMI
46.03
RSI
46.03
MACD
0.0000
MACD Signal
0.0003
Bollinger Band Upper
0.9229
Bollinger Band Lower
0.9190
Bollinger Band Width
0.0039

Technical Studies
Last Updated: Jul 21 21:30 GMT
8 EMA
0.9199
21 EMA
0.9181
55 EMA
0.9167
ADX
32.17
+DMI
29.79
-DMI
58.54
RSI
58.54
MACD
0.0017
MACD Signal
0.0010
Bollinger Band Upper
0.9227
Bollinger Band Lower
0.9136
Bollinger Band Width
0.0091

Technical Studies
Last Updated: Jul 21 21:27 GMT
8 EMA
0.9179
21 EMA
0.9177
55 EMA
0.9243
ADX
28.98
+DMI
17.73
-DMI
52.29
RSI
52.29
MACD
-0.0012
MACD Signal
-0.0002
Bollinger Band Upper
0.9225
Bollinger Band Lower
0.9097
Bollinger Band Width
0.0128

Technical Studies
Last Updated: Jul 21 21:30 GMT
8 EMA
0.9211
21 EMA
0.9307
55 EMA
0.9446
ADX
35.17
+DMI
14.58
-DMI
40.24
RSI
40.24
MACD
-0.0088
MACD Signal
-0.0018
Bollinger Band Upper
0.9634
Bollinger Band Lower
0.9050
Bollinger Band Width
0.0583

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.