EUR/NZD Action Bias

 
Current
H
6H
D
W

Last Updated: Oct 22 20:45 GMT

Technical Studies
Last Updated: Oct 22 20:45 GMT
8 EMA
1.6277
21 EMA
1.6259
55 EMA
1.6250
ADX
29.93
+DMI
23.67
-DMI
59.53
RSI
59.53
MACD
0.0015
MACD Signal
0.0010
Bollinger Band Upper
1.6310
Bollinger Band Lower
1.6190
Bollinger Band Width
0.0120

Technical Studies
Last Updated: Oct 22 20:54 GMT
8 EMA
1.6247
21 EMA
1.6296
55 EMA
1.6441
ADX
37.91
+DMI
20.08
-DMI
44.39
RSI
44.39
MACD
-0.0068
MACD Signal
-0.0014
Bollinger Band Upper
1.6416
Bollinger Band Lower
1.6123
Bollinger Band Width
0.0293

Technical Studies
Last Updated: Oct 22 20:39 GMT
8 EMA
1.6353
21 EMA
1.6506
55 EMA
1.6653
ADX
26.70
+DMI
9.63
-DMI
33.43
RSI
33.43
MACD
-0.0123
MACD Signal
-0.0025
Bollinger Band Upper
1.6978
Bollinger Band Lower
1.6167
Bollinger Band Width
0.0811

Technical Studies
Last Updated: Oct 22 20:54 GMT
8 EMA
1.6574
21 EMA
1.6720
55 EMA
1.6912
ADX
11.64
+DMI
14.02
-DMI
34.87
RSI
34.87
MACD
-0.0116
MACD Signal
-0.0023
Bollinger Band Upper
1.7203
Bollinger Band Lower
1.6370
Bollinger Band Width
0.0833

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.