AUD/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Dec 09 09:51 GMT

Technical Studies
Last Updated: Dec 09 09:51 GMT
8 EMA
0.7168
21 EMA
0.7162
55 EMA
0.7135
ADX
29.72
+DMI
22.37
-DMI
54.58
RSI
54.58
MACD
0.0009
MACD Signal
0.0006
Bollinger Band Upper
0.7184
Bollinger Band Lower
0.7153
Bollinger Band Width
0.0031

Technical Studies
Last Updated: Dec 09 09:51 GMT
8 EMA
0.7142
21 EMA
0.7118
55 EMA
0.7152
ADX
31.66
+DMI
29.82
-DMI
61.80
RSI
61.80
MACD
0.0010
MACD Signal
0.0002
Bollinger Band Upper
0.7196
Bollinger Band Lower
0.6984
Bollinger Band Width
0.0212

Technical Studies
Last Updated: Dec 09 09:54 GMT
8 EMA
0.7129
21 EMA
0.7187
55 EMA
0.7276
ADX
41.47
+DMI
18.24
-DMI
44.48
RSI
44.48
MACD
-0.0064
MACD Signal
-0.0013
Bollinger Band Upper
0.7365
Bollinger Band Lower
0.7004
Bollinger Band Width
0.0361

Technical Studies
Last Updated: Dec 09 09:51 GMT
8 EMA
0.7218
21 EMA
0.7321
55 EMA
0.7369
ADX
26.37
+DMI
12.88
-DMI
41.76
RSI
41.76
MACD
-0.0087
MACD Signal
-0.0017
Bollinger Band Upper
0.7554
Bollinger Band Lower
0.7054
Bollinger Band Width
0.0500

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.