GBP/AUD Action Bias

 
Current
H
6H
D
W

Last Updated: Oct 22 20:54 GMT

Technical Studies
Last Updated: Oct 22 20:54 GMT
8 EMA
1.8418
21 EMA
1.8418
55 EMA
1.8426
ADX
24.76
+DMI
29.05
-DMI
51.81
RSI
51.81
MACD
-0.0003
MACD Signal
-0.0003
Bollinger Band Upper
1.8472
Bollinger Band Lower
1.8357
Bollinger Band Width
0.0115

Technical Studies
Last Updated: Oct 22 20:54 GMT
8 EMA
1.8421
21 EMA
1.8445
55 EMA
1.8519
ADX
14.66
+DMI
21.31
-DMI
45.90
RSI
45.90
MACD
-0.0029
MACD Signal
-0.0006
Bollinger Band Upper
1.8559
Bollinger Band Lower
1.8338
Bollinger Band Width
0.0221

Technical Studies
Last Updated: Oct 22 20:48 GMT
8 EMA
1.8474
21 EMA
1.8567
55 EMA
1.8646
ADX
27.36
+DMI
10.86
-DMI
36.75
RSI
36.75
MACD
-0.0087
MACD Signal
-0.0017
Bollinger Band Upper
1.8802
Bollinger Band Lower
1.8349
Bollinger Band Width
0.0453

Technical Studies
Last Updated: Oct 22 20:45 GMT
8 EMA
1.8630
21 EMA
1.8582
55 EMA
1.8414
ADX
23.40
+DMI
17.54
-DMI
46.87
RSI
46.87
MACD
0.0102
MACD Signal
0.0020
Bollinger Band Upper
1.9086
Bollinger Band Lower
1.8229
Bollinger Band Width
0.0857

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.