AUD/NZD Action Bias

 
Current
H
6H
D
W

Last Updated: Jan 16 04:27 GMT

Technical Studies
Last Updated: Jan 16 04:27 GMT
8 EMA
1.0563
21 EMA
1.0559
55 EMA
1.0558
ADX
12.55
+DMI
16.35
-DMI
54.46
RSI
54.46
MACD
0.0004
MACD Signal
0.0001
Bollinger Band Upper
1.0573
Bollinger Band Lower
1.0543
Bollinger Band Width
0.0030

Technical Studies
Last Updated: Jan 16 04:24 GMT
8 EMA
1.0560
21 EMA
1.0561
55 EMA
1.0546
ADX
10.16
+DMI
17.33
-DMI
52.58
RSI
52.58
MACD
0.0002
MACD Signal
0.0000
Bollinger Band Upper
1.0592
Bollinger Band Lower
1.0538
Bollinger Band Width
0.0055

Technical Studies
Last Updated: Jan 16 04:21 GMT
8 EMA
1.0560
21 EMA
1.0550
55 EMA
1.0609
ADX
32.50
+DMI
14.40
-DMI
51.35
RSI
51.35
MACD
-0.0000
MACD Signal
-0.0000
Bollinger Band Upper
1.0618
Bollinger Band Lower
1.0437
Bollinger Band Width
0.0180

Technical Studies
Last Updated: Jan 16 04:24 GMT
8 EMA
1.0578
21 EMA
1.0679
55 EMA
1.0759
ADX
29.36
+DMI
11.00
-DMI
39.26
RSI
39.26
MACD
-0.0089
MACD Signal
-0.0018
Bollinger Band Upper
1.1050
Bollinger Band Lower
1.0391
Bollinger Band Width
0.0659

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.