EUR/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Mar 25 14:30 GMT

Technical Studies
Last Updated: Mar 25 14:30 GMT
8 EMA
1.1313
21 EMA
1.1311
55 EMA
1.1327
ADX
21.81
+DMI
22.03
-DMI
52.15
RSI
52.15
MACD
-0.0002
MACD Signal
-0.0000
Bollinger Band Upper
1.1322
Bollinger Band Lower
1.1286
Bollinger Band Width
0.0036

Technical Studies
Last Updated: Mar 25 14:30 GMT
8 EMA
1.1320
21 EMA
1.1333
55 EMA
1.1328
ADX
24.27
+DMI
22.20
-DMI
46.08
RSI
46.08
MACD
-0.0005
MACD Signal
-0.0001
Bollinger Band Upper
1.1424
Bollinger Band Lower
1.1270
Bollinger Band Width
0.0154

Technical Studies
Last Updated: Mar 25 14:30 GMT
8 EMA
1.1332
21 EMA
1.1329
55 EMA
1.1350
ADX
14.40
+DMI
19.08
-DMI
48.07
RSI
48.07
MACD
-0.0002
MACD Signal
-0.0000
Bollinger Band Upper
1.1429
Bollinger Band Lower
1.1217
Bollinger Band Width
0.0212

Technical Studies
Last Updated: Mar 25 14:30 GMT
8 EMA
1.1323
21 EMA
1.1379
55 EMA
1.1512
ADX
19.70
+DMI
17.79
-DMI
44.45
RSI
44.45
MACD
-0.0067
MACD Signal
-0.0013
Bollinger Band Upper
1.1477
Bollinger Band Lower
1.1239
Bollinger Band Width
0.0238

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.