EUR/GBP Action Bias

 
Current
H
6H
D
W

Last Updated: Jun 25 19:39 GMT

Technical Studies
Last Updated: Jun 25 19:39 GMT
8 EMA
0.8809
21 EMA
0.8800
55 EMA
0.8788
ADX
13.34
+DMI
16.34
-DMI
64.33
RSI
64.33
MACD
0.0008
MACD Signal
0.0005
Bollinger Band Upper
0.8818
Bollinger Band Lower
0.8779
Bollinger Band Width
0.0040

Technical Studies
Last Updated: Jun 25 19:39 GMT
8 EMA
0.8794
21 EMA
0.8783
55 EMA
0.8778
ADX
12.37
+DMI
18.03
-DMI
61.86
RSI
61.86
MACD
0.0007
MACD Signal
0.0001
Bollinger Band Upper
0.8815
Bollinger Band Lower
0.8749
Bollinger Band Width
0.0066

Technical Studies
Last Updated: Jun 25 19:39 GMT
8 EMA
0.8785
21 EMA
0.8777
55 EMA
0.8774
ADX
8.99
+DMI
16.68
-DMI
55.10
RSI
55.10
MACD
0.0006
MACD Signal
0.0001
Bollinger Band Upper
0.8833
Bollinger Band Lower
0.8716
Bollinger Band Width
0.0117

Technical Studies
Last Updated: Jun 25 19:33 GMT
8 EMA
0.8778
21 EMA
0.8789
55 EMA
0.8771
ADX
17.01
+DMI
12.71
-DMI
51.51
RSI
51.51
MACD
-0.0015
MACD Signal
-0.0003
Bollinger Band Upper
0.8902
Bollinger Band Lower
0.8669
Bollinger Band Width
0.0232

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.