EUR/NZD 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
1.7490
21 EMA
1.7493
55 EMA
1.7517
ADX
22.22
+DMI
16.57
-DMI
47.19
RSI
47.19
MACD
-0.0008
MACD Signal
-0.0005
Bollinger Band Upper
1.7510
Bollinger Band Lower
1.7448
Bollinger Band Width
0.0062

Technical Studies
Last Updated: Oct 18 20:57 GMT
8 EMA
1.7503
21 EMA
1.7507
55 EMA
1.7474
ADX
14.44
+DMI
20.20
-DMI
48.48
RSI
48.48
MACD
0.0009
MACD Signal
0.0002
Bollinger Band Upper
1.7628
Bollinger Band Lower
1.7435
Bollinger Band Width
0.0193

Technical Studies
Last Updated: Oct 18 20:57 GMT
8 EMA
1.7499
21 EMA
1.7454
55 EMA
1.7344
ADX
17.41
+DMI
24.35
-DMI
53.92
RSI
53.92
MACD
0.0044
MACD Signal
0.0009
Bollinger Band Upper
1.7575
Bollinger Band Lower
1.7330
Bollinger Band Width
0.0245

Technical Studies
Last Updated: Oct 18 20:54 GMT
8 EMA
1.7384
21 EMA
1.7219
55 EMA
1.7046
ADX
18.21
+DMI
24.26
-DMI
58.85
RSI
58.85
MACD
0.0148
MACD Signal
0.0030
Bollinger Band Upper
1.7722
Bollinger Band Lower
1.6655
Bollinger Band Width
0.1067

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.