AUD/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Sep 20 20:57 GMT

Technical Studies
Last Updated: Sep 20 20:57 GMT
8 EMA
0.6769
21 EMA
0.6780
55 EMA
0.6798
ADX
38.75
+DMI
10.41
-DMI
29.84
RSI
29.84
MACD
-0.0010
MACD Signal
-0.0007
Bollinger Band Upper
0.6813
Bollinger Band Lower
0.6755
Bollinger Band Width
0.0058

Technical Studies
Last Updated: Sep 20 20:57 GMT
8 EMA
0.6790
21 EMA
0.6816
55 EMA
0.6822
ADX
29.90
+DMI
14.41
-DMI
30.05
RSI
30.05
MACD
-0.0020
MACD Signal
-0.0004
Bollinger Band Upper
0.6898
Bollinger Band Lower
0.6755
Bollinger Band Width
0.0143

Technical Studies
Last Updated: Sep 20 20:57 GMT
8 EMA
0.6820
21 EMA
0.6818
55 EMA
0.6846
ADX
25.65
+DMI
14.92
-DMI
39.35
RSI
39.35
MACD
0.0002
MACD Signal
0.0000
Bollinger Band Upper
0.6915
Bollinger Band Lower
0.6697
Bollinger Band Width
0.0219

Technical Studies
Last Updated: Sep 20 20:57 GMT
8 EMA
0.6824
21 EMA
0.6899
55 EMA
0.7062
ADX
25.10
+DMI
16.80
-DMI
39.15
RSI
39.15
MACD
-0.0077
MACD Signal
-0.0015
Bollinger Band Upper
0.7086
Bollinger Band Lower
0.6701
Bollinger Band Width
0.0385

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.