GBP/NZD Action Bias

 
Current
H
6H
D
W

Last Updated: Jan 16 03:36 GMT

Technical Studies
Last Updated: Jan 16 03:36 GMT
8 EMA
1.8848
21 EMA
1.8835
55 EMA
1.8833
ADX
18.74
+DMI
22.66
-DMI
53.65
RSI
53.65
MACD
0.0006
MACD Signal
0.0001
Bollinger Band Upper
1.8939
Bollinger Band Lower
1.8703
Bollinger Band Width
0.0236

Technical Studies
Last Updated: Jan 16 03:36 GMT
8 EMA
1.8843
21 EMA
1.8844
55 EMA
1.8839
ADX
21.70
+DMI
11.11
-DMI
51.06
RSI
51.06
MACD
-0.0005
MACD Signal
-0.0001
Bollinger Band Upper
1.8936
Bollinger Band Lower
1.8712
Bollinger Band Width
0.0223

Technical Studies
Last Updated: Jan 16 03:36 GMT
8 EMA
1.8855
21 EMA
1.8823
55 EMA
1.8926
ADX
18.88
+DMI
16.30
-DMI
52.48
RSI
52.48
MACD
0.0025
MACD Signal
0.0005
Bollinger Band Upper
1.9015
Bollinger Band Lower
1.8689
Bollinger Band Width
0.0326

Technical Studies
Last Updated: Jan 16 03:33 GMT
8 EMA
1.8868
21 EMA
1.9079
55 EMA
1.9126
ADX
23.81
+DMI
18.68
-DMI
44.47
RSI
44.47
MACD
-0.0174
MACD Signal
-0.0035
Bollinger Band Upper
2.0412
Bollinger Band Lower
1.8118
Bollinger Band Width
0.2294

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.