GBP/NZD 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
1.9246
21 EMA
1.9247
55 EMA
1.9252
ADX
19.84
+DMI
22.10
-DMI
49.46
RSI
49.46
MACD
-0.0000
MACD Signal
-0.0000
Bollinger Band Upper
1.9284
Bollinger Band Lower
1.9205
Bollinger Band Width
0.0079

Technical Studies
Last Updated: Oct 22 20:51 GMT
8 EMA
1.9243
21 EMA
1.9295
55 EMA
1.9403
ADX
39.04
+DMI
12.72
-DMI
39.69
RSI
39.69
MACD
-0.0063
MACD Signal
-0.0013
Bollinger Band Upper
1.9420
Bollinger Band Lower
1.9132
Bollinger Band Width
0.0287

Technical Studies
Last Updated: Oct 22 20:51 GMT
8 EMA
1.9339
21 EMA
1.9438
55 EMA
1.9530
ADX
23.46
+DMI
10.49
-DMI
33.75
RSI
33.75
MACD
-0.0073
MACD Signal
-0.0015
Bollinger Band Upper
1.9765
Bollinger Band Lower
1.9204
Bollinger Band Width
0.0561

Technical Studies
Last Updated: Oct 22 20:51 GMT
8 EMA
1.9480
21 EMA
1.9546
55 EMA
1.9528
ADX
10.38
+DMI
16.33
-DMI
41.97
RSI
41.97
MACD
-0.0023
MACD Signal
-0.0005
Bollinger Band Upper
2.0019
Bollinger Band Lower
1.9270
Bollinger Band Width
0.0749

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.