GBP/JPY Action Bias

 
Current
H
6H
D
W

Last Updated: Aug 14 20:54 GMT

Technical Studies
Last Updated: Aug 14 20:54 GMT
8 EMA
141.42
21 EMA
141.47
55 EMA
141.54
ADX
13.68
+DMI
19.63
-DMI
46.97
RSI
46.97
MACD
-0.00
MACD Signal
0.03
Bollinger Band Upper
142.10
Bollinger Band Lower
141.06
Bollinger Band Width
1.03

Technical Studies
Last Updated: Aug 14 20:54 GMT
8 EMA
141.49
21 EMA
142.19
55 EMA
143.74
ADX
46.93
+DMI
17.93
-DMI
35.60
RSI
35.60
MACD
-0.82
MACD Signal
-0.16
Bollinger Band Upper
143.88
Bollinger Band Lower
140.25
Bollinger Band Width
3.63

Technical Studies
Last Updated: Aug 14 20:54 GMT
8 EMA
142.72
21 EMA
144.38
55 EMA
145.89
ADX
26.99
+DMI
13.20
-DMI
23.60
RSI
23.60
MACD
-1.31
MACD Signal
-0.26
Bollinger Band Upper
148.65
Bollinger Band Lower
141.08
Bollinger Band Width
7.57

Technical Studies
Last Updated: Aug 14 20:54 GMT
8 EMA
144.39
21 EMA
146.37
55 EMA
147.24
ADX
18.00
+DMI
14.91
-DMI
34.41
RSI
34.41
MACD
-1.50
MACD Signal
-0.30
Bollinger Band Upper
152.60
Bollinger Band Lower
141.55
Bollinger Band Width
11.06

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.