NZD/USD Action Bias

 
Current
H
6H
D
W

Last Updated: May 27 02:33 GMT

Technical Studies
Last Updated: May 27 02:33 GMT
8 EMA
0.6194
21 EMA
0.6184
55 EMA
0.6153
ADX
58.12
+DMI
27.94
-DMI
54.68
RSI
54.68
MACD
0.0015
MACD Signal
0.0017
Bollinger Band Upper
0.6227
Bollinger Band Lower
0.6164
Bollinger Band Width
0.0064

Technical Studies
Last Updated: May 27 02:33 GMT
8 EMA
0.6162
21 EMA
0.6125
55 EMA
0.6087
ADX
31.74
+DMI
37.95
-DMI
65.48
RSI
65.48
MACD
0.0031
MACD Signal
0.0006
Bollinger Band Upper
0.6204
Bollinger Band Lower
0.6053
Bollinger Band Width
0.0150

Technical Studies
Last Updated: May 27 02:33 GMT
8 EMA
0.6127
21 EMA
0.6085
55 EMA
0.6096
ADX
12.29
+DMI
28.89
-DMI
59.59
RSI
59.59
MACD
0.0029
MACD Signal
0.0006
Bollinger Band Upper
0.6207
Bollinger Band Lower
0.5950
Bollinger Band Width
0.0257

Technical Studies
Last Updated: May 27 02:33 GMT
8 EMA
0.6086
21 EMA
0.6174
55 EMA
0.6360
ADX
42.01
+DMI
8.86
-DMI
49.02
RSI
49.02
MACD
-0.0103
MACD Signal
-0.0021
Bollinger Band Upper
0.6660
Bollinger Band Lower
0.5709
Bollinger Band Width
0.0950

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.