GBP/NZD Action Bias

 
Current
H
6H
D
W

Last Updated: Jul 19 07:54 GMT

Technical Studies
Last Updated: Jul 19 07:54 GMT
8 EMA
1.8494
21 EMA
1.8495
55 EMA
1.8504
ADX
15.80
+DMI
14.07
-DMI
48.14
RSI
48.14
MACD
0.0001
MACD Signal
0.0001
Bollinger Band Upper
1.8522
Bollinger Band Lower
1.8475
Bollinger Band Width
0.0047

Technical Studies
Last Updated: Jul 19 07:54 GMT
8 EMA
1.8500
21 EMA
1.8569
55 EMA
1.8727
ADX
46.81
+DMI
9.11
-DMI
30.84
RSI
30.84
MACD
-0.0079
MACD Signal
-0.0016
Bollinger Band Upper
1.8766
Bollinger Band Lower
1.8358
Bollinger Band Width
0.0408

Technical Studies
Last Updated: Jul 19 07:54 GMT
8 EMA
1.8605
21 EMA
1.8804
55 EMA
1.9058
ADX
41.77
+DMI
6.63
-DMI
24.65
RSI
24.65
MACD
-0.0186
MACD Signal
-0.0037
Bollinger Band Upper
1.9211
Bollinger Band Lower
1.8409
Bollinger Band Width
0.0802

Technical Studies
Last Updated: Jul 19 07:54 GMT
8 EMA
1.8958
21 EMA
1.9144
55 EMA
1.9178
ADX
15.75
+DMI
11.84
-DMI
36.44
RSI
36.44
MACD
-0.0107
MACD Signal
-0.0021
Bollinger Band Upper
1.9868
Bollinger Band Lower
1.8644
Bollinger Band Width
0.1224

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.