EUR/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Sep 20 20:57 GMT

Technical Studies
Last Updated: Sep 20 20:57 GMT
8 EMA
1.1019
21 EMA
1.1030
55 EMA
1.1040
ADX
27.25
+DMI
13.11
-DMI
40.28
RSI
40.28
MACD
-0.0009
MACD Signal
-0.0008
Bollinger Band Upper
1.1074
Bollinger Band Lower
1.0997
Bollinger Band Width
0.0077

Technical Studies
Last Updated: Sep 20 20:54 GMT
8 EMA
1.1036
21 EMA
1.1040
55 EMA
1.1044
ADX
13.86
+DMI
18.98
-DMI
45.02
RSI
45.02
MACD
-0.0002
MACD Signal
-0.0000
Bollinger Band Upper
1.1087
Bollinger Band Lower
1.0994
Bollinger Band Width
0.0093

Technical Studies
Last Updated: Sep 20 20:54 GMT
8 EMA
1.1036
21 EMA
1.1052
55 EMA
1.1109
ADX
24.87
+DMI
11.02
-DMI
44.34
RSI
44.34
MACD
-0.0022
MACD Signal
-0.0004
Bollinger Band Upper
1.1108
Bollinger Band Lower
1.0967
Bollinger Band Width
0.0141

Technical Studies
Last Updated: Sep 20 20:54 GMT
8 EMA
1.1081
21 EMA
1.1161
55 EMA
1.1306
ADX
23.60
+DMI
11.41
-DMI
40.99
RSI
40.99
MACD
-0.0074
MACD Signal
-0.0015
Bollinger Band Upper
1.1391
Bollinger Band Lower
1.0964
Bollinger Band Width
0.0427

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.