NZD/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Nov 15 09:09 GMT

Technical Studies
Last Updated: Nov 15 09:09 GMT
8 EMA
0.6808
21 EMA
0.6798
55 EMA
0.6780
ADX
41.59
+DMI
26.40
-DMI
66.75
RSI
66.75
MACD
0.0010
MACD Signal
0.0003
Bollinger Band Upper
0.6816
Bollinger Band Lower
0.6782
Bollinger Band Width
0.0035

Technical Studies
Last Updated: Nov 15 09:09 GMT
8 EMA
0.6785
21 EMA
0.6759
55 EMA
0.6698
ADX
35.48
+DMI
26.10
-DMI
68.60
RSI
68.60
MACD
0.0027
MACD Signal
0.0009
Bollinger Band Upper
0.6813
Bollinger Band Lower
0.6704
Bollinger Band Width
0.0108

Technical Studies
Last Updated: Nov 15 09:09 GMT
8 EMA
0.6750
21 EMA
0.6675
55 EMA
0.6642
ADX
28.20
+DMI
30.71
-DMI
68.44
RSI
68.44
MACD
0.0061
MACD Signal
0.0012
Bollinger Band Upper
0.6858
Bollinger Band Lower
0.6434
Bollinger Band Width
0.0424

Technical Studies
Last Updated: Nov 15 09:09 GMT
8 EMA
0.6663
21 EMA
0.6702
55 EMA
0.6865
ADX
27.25
+DMI
22.27
-DMI
53.63
RSI
53.63
MACD
-0.0075
MACD Signal
-0.0015
Bollinger Band Upper
0.6883
Bollinger Band Lower
0.6428
Bollinger Band Width
0.0455

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.