AUD/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Mar 27 20:54 GMT

Technical Studies
Last Updated: Mar 27 20:54 GMT
8 EMA
0.6145
21 EMA
0.6106
55 EMA
0.6048
ADX
30.07
+DMI
29.81
-DMI
63.66
RSI
63.66
MACD
0.0035
MACD Signal
0.0023
Bollinger Band Upper
0.6195
Bollinger Band Lower
0.6014
Bollinger Band Width
0.0181

Technical Studies
Last Updated: Mar 27 20:54 GMT
8 EMA
0.6062
21 EMA
0.6003
55 EMA
0.6089
ADX
26.74
+DMI
27.38
-DMI
61.74
RSI
61.74
MACD
0.0031
MACD Signal
0.0006
Bollinger Band Upper
0.6180
Bollinger Band Lower
0.5744
Bollinger Band Width
0.0436

Technical Studies
Last Updated: Mar 27 20:54 GMT
8 EMA
0.6025
21 EMA
0.6181
55 EMA
0.6448
ADX
55.36
+DMI
15.10
-DMI
45.35
RSI
45.35
MACD
-0.0173
MACD Signal
-0.0035
Bollinger Band Upper
0.6854
Bollinger Band Lower
0.5586
Bollinger Band Width
0.1268

Technical Studies
Last Updated: Mar 27 20:54 GMT
8 EMA
0.6348
21 EMA
0.6590
55 EMA
0.6812
ADX
31.21
+DMI
6.34
-DMI
35.90
RSI
35.90
MACD
-0.0181
MACD Signal
-0.0036
Bollinger Band Upper
0.7266
Bollinger Band Lower
0.6086
Bollinger Band Width
0.1180

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.