GBP/JPY Action Bias

 
Current
H
6H
D
W

Last Updated: Jul 19 09:12 GMT

Technical Studies
Last Updated: Jul 19 09:12 GMT
8 EMA
134.81
21 EMA
134.73
55 EMA
134.62
ADX
31.64
+DMI
19.36
-DMI
53.74
RSI
53.74
MACD
0.10
MACD Signal
0.09
Bollinger Band Upper
135.03
Bollinger Band Lower
134.49
Bollinger Band Width
0.54

Technical Studies
Last Updated: Jul 19 09:12 GMT
8 EMA
134.66
21 EMA
134.81
55 EMA
135.36
ADX
31.96
+DMI
15.48
-DMI
46.47
RSI
46.47
MACD
-0.24
MACD Signal
-0.05
Bollinger Band Upper
135.73
Bollinger Band Lower
133.76
Bollinger Band Width
1.97

Technical Studies
Last Updated: Jul 19 09:12 GMT
8 EMA
134.96
21 EMA
135.73
55 EMA
137.85
ADX
33.10
+DMI
12.83
-DMI
35.80
RSI
35.80
MACD
-0.83
MACD Signal
-0.17
Bollinger Band Upper
137.39
Bollinger Band Lower
134.11
Bollinger Band Width
3.28

Technical Studies
Last Updated: Jul 19 09:12 GMT
8 EMA
136.89
21 EMA
139.75
55 EMA
142.64
ADX
26.58
+DMI
9.94
-DMI
33.93
RSI
33.93
MACD
-2.40
MACD Signal
-0.48
Bollinger Band Upper
149.96
Bollinger Band Lower
132.42
Bollinger Band Width
17.54

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.