EUR/AUD Action Bias

 
Current
H
6H
D
W

Last Updated: Oct 18 20:57 GMT

Technical Studies
Last Updated: Oct 18 20:57 GMT
8 EMA
1.6286
21 EMA
1.6288
55 EMA
1.6302
ADX
30.96
+DMI
13.41
-DMI
49.99
RSI
49.99
MACD
-0.0004
MACD Signal
-0.0003
Bollinger Band Upper
1.6301
Bollinger Band Lower
1.6266
Bollinger Band Width
0.0035

Technical Studies
Last Updated: Oct 18 20:57 GMT
8 EMA
1.6294
21 EMA
1.6300
55 EMA
1.6282
ADX
16.94
+DMI
18.37
-DMI
48.20
RSI
48.20
MACD
0.0001
MACD Signal
0.0000
Bollinger Band Upper
1.6386
Bollinger Band Lower
1.6231
Bollinger Band Width
0.0155

Technical Studies
Last Updated: Oct 18 20:54 GMT
8 EMA
1.6300
21 EMA
1.6272
55 EMA
1.6251
ADX
13.64
+DMI
21.99
-DMI
52.09
RSI
52.09
MACD
0.0022
MACD Signal
0.0004
Bollinger Band Upper
1.6381
Bollinger Band Lower
1.6147
Bollinger Band Width
0.0233

Technical Studies
Last Updated: Oct 18 20:57 GMT
8 EMA
1.6244
21 EMA
1.6199
55 EMA
1.6048
ADX
23.18
+DMI
25.10
-DMI
53.99
RSI
53.99
MACD
0.0057
MACD Signal
0.0011
Bollinger Band Upper
1.6529
Bollinger Band Lower
1.5941
Bollinger Band Width
0.0588

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.