EUR/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Nov 15 09:09 GMT

Technical Studies
Last Updated: Nov 15 09:09 GMT
8 EMA
1.1326
21 EMA
1.1318
55 EMA
1.1304
ADX
26.69
+DMI
21.74
-DMI
51.30
RSI
51.30
MACD
0.0010
MACD Signal
0.0007
Bollinger Band Upper
1.1347
Bollinger Band Lower
1.1297
Bollinger Band Width
0.0050

Technical Studies
Last Updated: Nov 15 09:09 GMT
8 EMA
1.1304
21 EMA
1.1317
55 EMA
1.1362
ADX
21.39
+DMI
20.40
-DMI
48.64
RSI
48.64
MACD
-0.0020
MACD Signal
-0.0004
Bollinger Band Upper
1.1404
Bollinger Band Lower
1.1206
Bollinger Band Width
0.0197

Technical Studies
Last Updated: Nov 15 09:09 GMT
8 EMA
1.1327
21 EMA
1.1384
55 EMA
1.1481
ADX
23.72
+DMI
17.38
-DMI
41.47
RSI
41.47
MACD
-0.0058
MACD Signal
-0.0012
Bollinger Band Upper
1.1512
Bollinger Band Lower
1.1242
Bollinger Band Width
0.0270

Technical Studies
Last Updated: Nov 15 09:09 GMT
8 EMA
1.1433
21 EMA
1.1562
55 EMA
1.1669
ADX
20.43
+DMI
14.64
-DMI
34.66
RSI
34.66
MACD
-0.0121
MACD Signal
-0.0024
Bollinger Band Upper
1.1810
Bollinger Band Lower
1.1291
Bollinger Band Width
0.0519

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.