NZD/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Sep 17 20:48 GMT

Technical Studies
Last Updated: Sep 17 20:48 GMT
8 EMA
0.7043
21 EMA
0.7057
55 EMA
0.7076
ADX
26.96
+DMI
14.15
-DMI
31.82
RSI
31.82
MACD
-0.0012
MACD Signal
-0.0010
Bollinger Band Upper
0.7094
Bollinger Band Lower
0.7026
Bollinger Band Width
0.0068

Technical Studies
Last Updated: Sep 17 20:48 GMT
8 EMA
0.7066
21 EMA
0.7087
55 EMA
0.7079
ADX
16.46
+DMI
16.59
-DMI
35.57
RSI
35.57
MACD
-0.0014
MACD Signal
-0.0003
Bollinger Band Upper
0.7147
Bollinger Band Lower
0.7041
Bollinger Band Width
0.0106

Technical Studies
Last Updated: Sep 17 20:48 GMT
8 EMA
0.7082
21 EMA
0.7061
55 EMA
0.7042
ADX
25.09
+DMI
26.00
-DMI
47.67
RSI
47.67
MACD
0.0025
MACD Signal
0.0005
Bollinger Band Upper
0.7200
Bollinger Band Lower
0.6915
Bollinger Band Width
0.0285

Technical Studies
Last Updated: Sep 17 20:48 GMT
8 EMA
0.7043
21 EMA
0.7054
55 EMA
0.6974
ADX
15.81
+DMI
15.83
-DMI
49.22
RSI
49.22
MACD
-0.0007
MACD Signal
-0.0001
Bollinger Band Upper
0.7302
Bollinger Band Lower
0.6845
Bollinger Band Width
0.0457

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.