AUD/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Oct 03 14:15 GMT

Technical Studies
Last Updated: Oct 03 14:15 GMT
8 EMA
0.6462
21 EMA
0.6451
55 EMA
0.6457
ADX
21.32
+DMI
30.85
-DMI
63.40
RSI
63.40
MACD
0.0005
MACD Signal
-0.0001
Bollinger Band Upper
0.6485
Bollinger Band Lower
0.6391
Bollinger Band Width
0.0094

Technical Studies
Last Updated: Oct 03 14:15 GMT
8 EMA
0.6459
21 EMA
0.6483
55 EMA
0.6574
ADX
34.91
+DMI
18.05
-DMI
48.39
RSI
48.39
MACD
-0.0033
MACD Signal
-0.0007
Bollinger Band Upper
0.6536
Bollinger Band Lower
0.6386
Bollinger Band Width
0.0150

Technical Studies
Last Updated: Oct 03 14:15 GMT
8 EMA
0.6510
21 EMA
0.6626
55 EMA
0.6775
ADX
31.59
+DMI
7.01
-DMI
37.44
RSI
37.44
MACD
-0.0108
MACD Signal
-0.0022
Bollinger Band Upper
0.6923
Bollinger Band Lower
0.6369
Bollinger Band Width
0.0554

Technical Studies
Last Updated: Oct 03 14:15 GMT
8 EMA
0.6653
21 EMA
0.6840
55 EMA
0.7050
ADX
25.67
+DMI
11.72
-DMI
34.90
RSI
34.90
MACD
-0.0159
MACD Signal
-0.0032
Bollinger Band Upper
0.7274
Bollinger Band Lower
0.6454
Bollinger Band Width
0.0819

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.