GBP/NZD Action Bias

 
Current
H
6H
D
W

Last Updated: Aug 14 20:51 GMT

Technical Studies
Last Updated: Aug 14 20:51 GMT
8 EMA
1.9346
21 EMA
1.9356
55 EMA
1.9362
ADX
15.57
+DMI
15.92
-DMI
47.48
RSI
47.48
MACD
-0.0011
MACD Signal
-0.0008
Bollinger Band Upper
1.9398
Bollinger Band Lower
1.9312
Bollinger Band Width
0.0086

Technical Studies
Last Updated: Aug 14 20:51 GMT
8 EMA
1.9356
21 EMA
1.9334
55 EMA
1.9316
ADX
22.27
+DMI
17.27
-DMI
52.37
RSI
52.37
MACD
0.0024
MACD Signal
0.0005
Bollinger Band Upper
1.9522
Bollinger Band Lower
1.9121
Bollinger Band Width
0.0400

Technical Studies
Last Updated: Aug 14 20:51 GMT
8 EMA
1.9326
21 EMA
1.9317
55 EMA
1.9314
ADX
19.64
+DMI
16.22
-DMI
52.02
RSI
52.02
MACD
-0.0000
MACD Signal
-0.0000
Bollinger Band Upper
1.9437
Bollinger Band Lower
1.9149
Bollinger Band Width
0.0289

Technical Studies
Last Updated: Aug 14 20:51 GMT
8 EMA
1.9344
21 EMA
1.9293
55 EMA
1.9058
ADX
23.73
+DMI
19.19
-DMI
53.28
RSI
53.28
MACD
0.0074
MACD Signal
0.0015
Bollinger Band Upper
1.9590
Bollinger Band Lower
1.9066
Bollinger Band Width
0.0524

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.