EUR/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Jan 26 09:48 GMT

Technical Studies
Last Updated: Jan 26 09:48 GMT
8 EMA
1.2132
21 EMA
1.2139
55 EMA
1.2147
ADX
34.25
+DMI
13.66
-DMI
45.76
RSI
45.76
MACD
-0.0007
MACD Signal
-0.0005
Bollinger Band Upper
1.2153
Bollinger Band Lower
1.2119
Bollinger Band Width
0.0034

Technical Studies
Last Updated: Jan 26 09:48 GMT
8 EMA
1.2145
21 EMA
1.2145
55 EMA
1.2158
ADX
17.58
+DMI
15.25
-DMI
45.90
RSI
45.90
MACD
0.0000
MACD Signal
0.0000
Bollinger Band Upper
1.2188
Bollinger Band Lower
1.2102
Bollinger Band Width
0.0086

Technical Studies
Last Updated: Jan 26 09:48 GMT
8 EMA
1.2145
21 EMA
1.2159
55 EMA
1.2090
ADX
16.62
+DMI
17.67
-DMI
47.96
RSI
47.96
MACD
-0.0003
MACD Signal
-0.0001
Bollinger Band Upper
1.2328
Bollinger Band Lower
1.2041
Bollinger Band Width
0.0288

Technical Studies
Last Updated: Jan 26 09:45 GMT
8 EMA
1.2119
21 EMA
1.1963
55 EMA
1.1656
ADX
39.27
+DMI
20.89
-DMI
59.62
RSI
59.62
MACD
0.0173
MACD Signal
0.0035
Bollinger Band Upper
1.2353
Bollinger Band Lower
1.1566
Bollinger Band Width
0.0787

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.