NZD/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Aug 19 15:06 GMT

Technical Studies
Last Updated: Aug 19 15:06 GMT
8 EMA
0.6200
21 EMA
0.6223
55 EMA
0.6258
ADX
26.20
+DMI
9.98
-DMI
24.76
RSI
24.76
MACD
-0.0021
MACD Signal
-0.0015
Bollinger Band Upper
0.6271
Bollinger Band Lower
0.6181
Bollinger Band Width
0.0090

Technical Studies
Last Updated: Aug 19 15:06 GMT
8 EMA
0.6233
21 EMA
0.6286
55 EMA
0.6303
ADX
20.33
+DMI
15.82
-DMI
25.36
RSI
25.36
MACD
-0.0040
MACD Signal
-0.0016
Bollinger Band Upper
0.6435
Bollinger Band Lower
0.6172
Bollinger Band Width
0.0263

Technical Studies
Last Updated: Aug 19 15:06 GMT
8 EMA
0.6290
21 EMA
0.6293
55 EMA
0.6315
ADX
16.94
+DMI
15.75
-DMI
39.59
RSI
39.59
MACD
0.0008
MACD Signal
0.0002
Bollinger Band Upper
0.6436
Bollinger Band Lower
0.6168
Bollinger Band Width
0.0268

Technical Studies
Last Updated: Aug 19 15:06 GMT
8 EMA
0.6285
21 EMA
0.6402
55 EMA
0.6617
ADX
34.22
+DMI
16.09
-DMI
38.81
RSI
38.81
MACD
-0.0130
MACD Signal
-0.0026
Bollinger Band Upper
0.6764
Bollinger Band Lower
0.6016
Bollinger Band Width
0.0747

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.