NZD/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Aug 14 20:51 GMT

Technical Studies
Last Updated: Aug 14 20:51 GMT
8 EMA
0.6580
21 EMA
0.6586
55 EMA
0.6595
ADX
19.56
+DMI
13.23
-DMI
38.93
RSI
38.93
MACD
-0.0004
MACD Signal
0.0001
Bollinger Band Upper
0.6614
Bollinger Band Lower
0.6570
Bollinger Band Width
0.0044

Technical Studies
Last Updated: Aug 14 20:51 GMT
8 EMA
0.6593
21 EMA
0.6630
55 EMA
0.6696
ADX
41.17
+DMI
9.98
-DMI
32.03
RSI
32.03
MACD
-0.0040
MACD Signal
-0.0008
Bollinger Band Upper
0.6753
Bollinger Band Lower
0.6511
Bollinger Band Width
0.0242

Technical Studies
Last Updated: Aug 14 20:51 GMT
8 EMA
0.6647
21 EMA
0.6720
55 EMA
0.6818
ADX
32.70
+DMI
10.97
-DMI
27.30
RSI
27.30
MACD
-0.0060
MACD Signal
-0.0012
Bollinger Band Upper
0.6908
Bollinger Band Lower
0.6574
Bollinger Band Width
0.0334

Technical Studies
Last Updated: Aug 14 20:51 GMT
8 EMA
0.6728
21 EMA
0.6883
55 EMA
0.7013
ADX
29.81
+DMI
9.66
-DMI
28.83
RSI
28.83
MACD
-0.0130
MACD Signal
-0.0026
Bollinger Band Upper
0.7322
Bollinger Band Lower
0.6526
Bollinger Band Width
0.0795

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.