GBP/AUD Action Bias

 
Current
H
6H
D
W

Last Updated: Jul 19 09:15 GMT

Technical Studies
Last Updated: Jul 19 09:15 GMT
8 EMA
1.7736
21 EMA
1.7737
55 EMA
1.7738
ADX
12.13
+DMI
12.40
-DMI
48.04
RSI
48.04
MACD
0.0001
MACD Signal
0.0003
Bollinger Band Upper
1.7757
Bollinger Band Lower
1.7723
Bollinger Band Width
0.0035

Technical Studies
Last Updated: Jul 19 09:12 GMT
8 EMA
1.7735
21 EMA
1.7773
55 EMA
1.7886
ADX
42.91
+DMI
8.63
-DMI
39.65
RSI
39.65
MACD
-0.0048
MACD Signal
-0.0010
Bollinger Band Upper
1.7877
Bollinger Band Lower
1.7634
Bollinger Band Width
0.0243

Technical Studies
Last Updated: Jul 19 09:15 GMT
8 EMA
1.7800
21 EMA
1.7945
55 EMA
1.8132
ADX
34.64
+DMI
8.70
-DMI
28.13
RSI
28.13
MACD
-0.0135
MACD Signal
-0.0027
Bollinger Band Upper
1.8293
Bollinger Band Lower
1.7625
Bollinger Band Width
0.0668

Technical Studies
Last Updated: Jul 19 09:15 GMT
8 EMA
1.8054
21 EMA
1.8184
55 EMA
1.8082
ADX
18.47
+DMI
17.01
-DMI
39.48
RSI
39.48
MACD
-0.0055
MACD Signal
-0.0011
Bollinger Band Upper
1.8844
Bollinger Band Lower
1.7785
Bollinger Band Width
0.1059

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.