AUD/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Nov 15 08:12 GMT

Technical Studies
Last Updated: Nov 15 08:12 GMT
8 EMA
0.7276
21 EMA
0.7255
55 EMA
0.7234
ADX
38.87
+DMI
32.96
-DMI
70.91
RSI
70.91
MACD
0.0019
MACD Signal
0.0009
Bollinger Band Upper
0.7303
Bollinger Band Lower
0.7197
Bollinger Band Width
0.0106

Technical Studies
Last Updated: Nov 15 08:15 GMT
8 EMA
0.7242
21 EMA
0.7229
55 EMA
0.7201
ADX
21.15
+DMI
23.72
-DMI
63.47
RSI
63.47
MACD
0.0010
MACD Signal
0.0002
Bollinger Band Upper
0.7291
Bollinger Band Lower
0.7166
Bollinger Band Width
0.0125

Technical Studies
Last Updated: Nov 15 08:15 GMT
8 EMA
0.7230
21 EMA
0.7190
55 EMA
0.7198
ADX
25.12
+DMI
26.93
-DMI
62.07
RSI
62.07
MACD
0.0029
MACD Signal
0.0006
Bollinger Band Upper
0.7321
Bollinger Band Lower
0.7008
Bollinger Band Width
0.0313

Technical Studies
Last Updated: Nov 15 08:15 GMT
8 EMA
0.7202
21 EMA
0.7273
55 EMA
0.7443
ADX
26.81
+DMI
17.46
-DMI
48.48
RSI
48.48
MACD
-0.0093
MACD Signal
-0.0019
Bollinger Band Upper
0.7493
Bollinger Band Lower
0.7012
Bollinger Band Width
0.0481

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.