EUR/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Oct 03 15:42 GMT

Technical Studies
Last Updated: Oct 03 15:42 GMT
8 EMA
0.9795
21 EMA
0.9794
55 EMA
0.9775
ADX
16.51
+DMI
26.25
-DMI
57.32
RSI
57.32
MACD
0.0001
MACD Signal
0.0001
Bollinger Band Upper
0.9837
Bollinger Band Lower
0.9759
Bollinger Band Width
0.0078

Technical Studies
Last Updated: Oct 03 15:42 GMT
8 EMA
0.9800
21 EMA
0.9767
55 EMA
0.9817
ADX
22.16
+DMI
23.41
-DMI
57.27
RSI
57.27
MACD
0.0014
MACD Signal
0.0003
Bollinger Band Upper
0.9914
Bollinger Band Lower
0.9523
Bollinger Band Width
0.0391

Technical Studies
Last Updated: Oct 03 15:42 GMT
8 EMA
0.9789
21 EMA
0.9866
55 EMA
1.0027
ADX
20.53
+DMI
16.83
-DMI
44.69
RSI
44.69
MACD
-0.0081
MACD Signal
-0.0016
Bollinger Band Upper
1.0180
Bollinger Band Lower
0.9597
Bollinger Band Width
0.0584

Technical Studies
Last Updated: Oct 03 15:42 GMT
8 EMA
0.9925
21 EMA
1.0191
55 EMA
1.0698
ADX
50.08
+DMI
8.49
-DMI
32.09
RSI
32.09
MACD
-0.0276
MACD Signal
-0.0055
Bollinger Band Upper
1.0780
Bollinger Band Lower
0.9615
Bollinger Band Width
0.1166

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.