EUR/AUD Action Bias

 
Current
H
6H
D
W

Last Updated: Aug 14 20:54 GMT

Technical Studies
Last Updated: Aug 14 20:54 GMT
8 EMA
1.5678
21 EMA
1.5683
55 EMA
1.5673
ADX
18.88
+DMI
12.54
-DMI
45.20
RSI
45.20
MACD
-0.0001
MACD Signal
0.0002
Bollinger Band Upper
1.5716
Bollinger Band Lower
1.5659
Bollinger Band Width
0.0056

Technical Studies
Last Updated: Aug 14 20:54 GMT
8 EMA
1.5670
21 EMA
1.5663
55 EMA
1.5689
ADX
24.69
+DMI
20.71
-DMI
51.16
RSI
51.16
MACD
0.0000
MACD Signal
0.0000
Bollinger Band Upper
1.5704
Bollinger Band Lower
1.5594
Bollinger Band Width
0.0110

Technical Studies
Last Updated: Aug 14 20:54 GMT
8 EMA
1.5668
21 EMA
1.5699
55 EMA
1.5711
ADX
19.63
+DMI
13.92
-DMI
46.28
RSI
46.28
MACD
-0.0024
MACD Signal
-0.0005
Bollinger Band Upper
1.5858
Bollinger Band Lower
1.5582
Bollinger Band Width
0.0276

Technical Studies
Last Updated: Aug 14 20:54 GMT
8 EMA
1.5690
21 EMA
1.5687
55 EMA
1.5479
ADX
17.19
+DMI
15.87
-DMI
50.44
RSI
50.44
MACD
0.0030
MACD Signal
0.0006
Bollinger Band Upper
1.6070
Bollinger Band Lower
1.5395
Bollinger Band Width
0.0676

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.