EUR/NZD Action Bias

 
Current
H
6H
D
W

Last Updated: Aug 22 03:42 GMT

Technical Studies
Last Updated: Aug 22 03:42 GMT
8 EMA
1.7269
21 EMA
1.7275
55 EMA
1.7276
ADX
16.27
+DMI
10.45
-DMI
46.66
RSI
46.66
MACD
-0.0005
MACD Signal
-0.0001
Bollinger Band Upper
1.7308
Bollinger Band Lower
1.7246
Bollinger Band Width
0.0062

Technical Studies
Last Updated: Aug 22 03:42 GMT
8 EMA
1.7272
21 EMA
1.7273
55 EMA
1.7261
ADX
12.48
+DMI
16.60
-DMI
48.80
RSI
48.80
MACD
-0.0001
MACD Signal
-0.0000
Bollinger Band Upper
1.7306
Bollinger Band Lower
1.7235
Bollinger Band Width
0.0071

Technical Studies
Last Updated: Aug 22 03:42 GMT
8 EMA
1.7272
21 EMA
1.7245
55 EMA
1.7155
ADX
27.19
+DMI
19.68
-DMI
53.58
RSI
53.58
MACD
0.0035
MACD Signal
0.0007
Bollinger Band Upper
1.7391
Bollinger Band Lower
1.7083
Bollinger Band Width
0.0307

Technical Studies
Last Updated: Aug 22 03:42 GMT
8 EMA
1.7201
21 EMA
1.7081
55 EMA
1.6787
ADX
24.68
+DMI
26.18
-DMI
58.12
RSI
58.12
MACD
0.0116
MACD Signal
0.0023
Bollinger Band Upper
1.7459
Bollinger Band Lower
1.6642
Bollinger Band Width
0.0817

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.