EUR/GBP Action Bias

 
Current
H
6H
D
W

Last Updated: Oct 22 20:54 GMT

Technical Studies
Last Updated: Oct 22 20:54 GMT
8 EMA
0.8457
21 EMA
0.8448
55 EMA
0.8441
ADX
25.71
+DMI
28.50
-DMI
62.80
RSI
62.80
MACD
0.0008
MACD Signal
0.0005
Bollinger Band Upper
0.8471
Bollinger Band Lower
0.8417
Bollinger Band Width
0.0055

Technical Studies
Last Updated: Oct 22 20:54 GMT
8 EMA
0.8443
21 EMA
0.8446
55 EMA
0.8473
ADX
21.46
+DMI
23.41
-DMI
56.43
RSI
56.43
MACD
-0.0007
MACD Signal
-0.0001
Bollinger Band Upper
0.8465
Bollinger Band Lower
0.8416
Bollinger Band Width
0.0049

Technical Studies
Last Updated: Oct 22 20:54 GMT
8 EMA
0.8456
21 EMA
0.8491
55 EMA
0.8526
ADX
23.10
+DMI
13.66
-DMI
42.23
RSI
42.23
MACD
-0.0031
MACD Signal
-0.0006
Bollinger Band Upper
0.8626
Bollinger Band Lower
0.8384
Bollinger Band Width
0.0242

Technical Studies
Last Updated: Oct 22 20:51 GMT
8 EMA
0.8508
21 EMA
0.8554
55 EMA
0.8662
ADX
17.83
+DMI
16.38
-DMI
37.31
RSI
37.31
MACD
-0.0050
MACD Signal
-0.0010
Bollinger Band Upper
0.8634
Bollinger Band Lower
0.8456
Bollinger Band Width
0.0178

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.