EUR/AUD Action Bias

 
Current
H
6H
D
W

Last Updated: Oct 22 20:48 GMT

Technical Studies
Last Updated: Oct 22 20:48 GMT
8 EMA
1.5577
21 EMA
1.5559
55 EMA
1.5553
ADX
25.72
+DMI
28.07
-DMI
63.03
RSI
63.03
MACD
0.0012
MACD Signal
0.0006
Bollinger Band Upper
1.5611
Bollinger Band Lower
1.5488
Bollinger Band Width
0.0122

Technical Studies
Last Updated: Oct 22 20:54 GMT
8 EMA
1.5552
21 EMA
1.5578
55 EMA
1.5692
ADX
34.06
+DMI
17.82
-DMI
49.26
RSI
49.26
MACD
-0.0039
MACD Signal
-0.0008
Bollinger Band Upper
1.5686
Bollinger Band Lower
1.5456
Bollinger Band Width
0.0229

Technical Studies
Last Updated: Oct 22 20:54 GMT
8 EMA
1.5620
21 EMA
1.5765
55 EMA
1.5898
ADX
39.80
+DMI
7.61
-DMI
34.00
RSI
34.00
MACD
-0.0133
MACD Signal
-0.0027
Bollinger Band Upper
1.6190
Bollinger Band Lower
1.5408
Bollinger Band Width
0.0782

Technical Studies
Last Updated: Oct 22 20:51 GMT
8 EMA
1.5850
21 EMA
1.5895
55 EMA
1.5948
ADX
21.27
+DMI
17.98
-DMI
40.63
RSI
40.63
MACD
-0.0005
MACD Signal
-0.0001
Bollinger Band Upper
1.6333
Bollinger Band Lower
1.5553
Bollinger Band Width
0.0780

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.