NZD/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Oct 03 07:48 GMT

Technical Studies
Last Updated: Oct 03 07:48 GMT
8 EMA
0.5640
21 EMA
0.5645
55 EMA
0.5664
ADX
22.69
+DMI
23.22
-DMI
50.97
RSI
50.97
MACD
-0.0010
MACD Signal
-0.0006
Bollinger Band Upper
0.5683
Bollinger Band Lower
0.5585
Bollinger Band Width
0.0098

Technical Studies
Last Updated: Oct 03 07:48 GMT
8 EMA
0.5659
21 EMA
0.5692
55 EMA
0.5803
ADX
37.07
+DMI
16.16
-DMI
43.07
RSI
43.07
MACD
-0.0041
MACD Signal
-0.0008
Bollinger Band Upper
0.5754
Bollinger Band Lower
0.5578
Bollinger Band Width
0.0176

Technical Studies
Last Updated: Oct 03 07:45 GMT
8 EMA
0.5710
21 EMA
0.5855
55 EMA
0.6046
ADX
51.42
+DMI
4.11
-DMI
30.78
RSI
30.78
MACD
-0.0135
MACD Signal
-0.0027
Bollinger Band Upper
0.6225
Bollinger Band Lower
0.5539
Bollinger Band Width
0.0686

Technical Studies
Last Updated: Oct 03 07:48 GMT
8 EMA
0.5889
21 EMA
0.6141
55 EMA
0.6454
ADX
38.38
+DMI
9.60
-DMI
27.17
RSI
27.17
MACD
-0.0222
MACD Signal
-0.0044
Bollinger Band Upper
0.6666
Bollinger Band Lower
0.5666
Bollinger Band Width
0.1000

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.