EUR/AUD Action Bias

 
Current
H
6H
D
W

Last Updated: Jan 16 03:39 GMT

Technical Studies
Last Updated: Jan 16 03:39 GMT
8 EMA
1.5844
21 EMA
1.5862
55 EMA
1.5901
ADX
26.94
+DMI
10.49
-DMI
33.78
RSI
33.78
MACD
-0.0020
MACD Signal
-0.0004
Bollinger Band Upper
1.5901
Bollinger Band Lower
1.5819
Bollinger Band Width
0.0082

Technical Studies
Last Updated: Jan 16 03:39 GMT
8 EMA
1.5888
21 EMA
1.5954
55 EMA
1.6025
ADX
17.56
+DMI
13.61
-DMI
30.65
RSI
30.65
MACD
-0.0063
MACD Signal
-0.0013
Bollinger Band Upper
1.6115
Bollinger Band Lower
1.5810
Bollinger Band Width
0.0305

Technical Studies
Last Updated: Jan 16 03:42 GMT
8 EMA
1.5948
21 EMA
1.5984
55 EMA
1.5937
ADX
26.98
+DMI
24.19
-DMI
42.37
RSI
42.37
MACD
0.0006
MACD Signal
0.0001
Bollinger Band Upper
1.6359
Bollinger Band Lower
1.5810
Bollinger Band Width
0.0549

Technical Studies
Last Updated: Jan 16 03:42 GMT
8 EMA
1.5921
21 EMA
1.5904
55 EMA
1.5742
ADX
20.90
+DMI
27.49
-DMI
48.73
RSI
48.73
MACD
0.0027
MACD Signal
0.0005
Bollinger Band Upper
1.6480
Bollinger Band Lower
1.5472
Bollinger Band Width
0.1008

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.