AUD/NZD Action Bias

 
Current
H
6H
D
W

Last Updated: Oct 22 20:48 GMT

Technical Studies
Last Updated: Oct 22 20:48 GMT
8 EMA
1.0449
21 EMA
1.0450
55 EMA
1.0448
ADX
16.37
+DMI
25.31
-DMI
47.55
RSI
47.55
MACD
0.0002
MACD Signal
0.0002
Bollinger Band Upper
1.0486
Bollinger Band Lower
1.0415
Bollinger Band Width
0.0071

Technical Studies
Last Updated: Oct 22 20:48 GMT
8 EMA
1.0446
21 EMA
1.0460
55 EMA
1.0477
ADX
36.02
+DMI
20.05
-DMI
43.17
RSI
43.17
MACD
-0.0018
MACD Signal
-0.0004
Bollinger Band Upper
1.0476
Bollinger Band Lower
1.0422
Bollinger Band Width
0.0054

Technical Studies
Last Updated: Oct 22 20:48 GMT
8 EMA
1.0468
21 EMA
1.0469
55 EMA
1.0475
ADX
24.82
+DMI
22.49
-DMI
46.24
RSI
46.24
MACD
0.0009
MACD Signal
0.0002
Bollinger Band Upper
1.0613
Bollinger Band Lower
1.0365
Bollinger Band Width
0.0248

Technical Studies
Last Updated: Oct 22 20:48 GMT
8 EMA
1.0457
21 EMA
1.0520
55 EMA
1.0607
ADX
28.33
+DMI
19.50
-DMI
42.08
RSI
42.08
MACD
-0.0071
MACD Signal
-0.0014
Bollinger Band Upper
1.0816
Bollinger Band Lower
1.0244
Bollinger Band Width
0.0572

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.