EUR/GBP 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
0.8880
21 EMA
0.8892
55 EMA
0.8915
ADX
29.73
+DMI
16.31
-DMI
42.60
RSI
42.60
MACD
-0.0011
MACD Signal
-0.0002
Bollinger Band Upper
0.8953
Bollinger Band Lower
0.8841
Bollinger Band Width
0.0112

Technical Studies
Last Updated: Jan 16 03:39 GMT
8 EMA
0.8904
21 EMA
0.8942
55 EMA
0.8972
ADX
16.84
+DMI
22.13
-DMI
36.05
RSI
36.05
MACD
-0.0031
MACD Signal
-0.0006
Bollinger Band Upper
0.9084
Bollinger Band Lower
0.8839
Bollinger Band Width
0.0245

Technical Studies
Last Updated: Jan 16 03:39 GMT
8 EMA
0.8934
21 EMA
0.8960
55 EMA
0.8935
ADX
13.92
+DMI
18.78
-DMI
38.47
RSI
38.47
MACD
-0.0009
MACD Signal
-0.0002
Bollinger Band Upper
0.9080
Bollinger Band Lower
0.8887
Bollinger Band Width
0.0193

Technical Studies
Last Updated: Jan 16 03:39 GMT
8 EMA
0.8925
21 EMA
0.8903
55 EMA
0.8858
ADX
21.15
+DMI
21.41
-DMI
48.52
RSI
48.52
MACD
0.0022
MACD Signal
0.0004
Bollinger Band Upper
0.9048
Bollinger Band Lower
0.8735
Bollinger Band Width
0.0313

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.