GBP/AUD Action Bias

 
Current
H
6H
D
W

Last Updated: Jan 16 04:39 GMT

Technical Studies
Last Updated: Jan 16 04:39 GMT
8 EMA
1.7847
21 EMA
1.7841
55 EMA
1.7838
ADX
15.31
+DMI
20.17
-DMI
52.97
RSI
52.97
MACD
0.0002
MACD Signal
0.0000
Bollinger Band Upper
1.7935
Bollinger Band Lower
1.7721
Bollinger Band Width
0.0214

Technical Studies
Last Updated: Jan 16 04:39 GMT
8 EMA
1.7848
21 EMA
1.7844
55 EMA
1.7861
ADX
14.31
+DMI
14.66
-DMI
50.89
RSI
50.89
MACD
-0.0006
MACD Signal
-0.0001
Bollinger Band Upper
1.7940
Bollinger Band Lower
1.7691
Bollinger Band Width
0.0249

Technical Studies
Last Updated: Jan 16 04:39 GMT
8 EMA
1.7854
21 EMA
1.7841
55 EMA
1.7838
ADX
20.54
+DMI
21.03
-DMI
51.59
RSI
51.59
MACD
0.0024
MACD Signal
0.0005
Bollinger Band Upper
1.8115
Bollinger Band Lower
1.7696
Bollinger Band Width
0.0419

Technical Studies
Last Updated: Jan 16 04:39 GMT
8 EMA
1.7838
21 EMA
1.7864
55 EMA
1.7772
ADX
16.08
+DMI
22.37
-DMI
49.96
RSI
49.96
MACD
-0.0013
MACD Signal
-0.0003
Bollinger Band Upper
1.8576
Bollinger Band Lower
1.7358
Bollinger Band Width
0.1218

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.