NZD/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Sep 20 20:57 GMT

Technical Studies
Last Updated: Sep 20 20:57 GMT
8 EMA
0.6261
21 EMA
0.6273
55 EMA
0.6295
ADX
39.70
+DMI
10.86
-DMI
26.73
RSI
26.73
MACD
-0.0012
MACD Signal
-0.0010
Bollinger Band Upper
0.6304
Bollinger Band Lower
0.6245
Bollinger Band Width
0.0059

Technical Studies
Last Updated: Sep 20 20:51 GMT
8 EMA
0.6287
21 EMA
0.6321
55 EMA
0.6355
ADX
37.73
+DMI
7.91
-DMI
22.80
RSI
22.80
MACD
-0.0030
MACD Signal
-0.0010
Bollinger Band Upper
0.6391
Bollinger Band Lower
0.6256
Bollinger Band Width
0.0135

Technical Studies
Last Updated: Sep 20 20:57 GMT
8 EMA
0.6330
21 EMA
0.6370
55 EMA
0.6453
ADX
34.45
+DMI
11.74
-DMI
27.66
RSI
27.66
MACD
-0.0039
MACD Signal
-0.0008
Bollinger Band Upper
0.6451
Bollinger Band Lower
0.6264
Bollinger Band Width
0.0188

Technical Studies
Last Updated: Sep 20 20:57 GMT
8 EMA
0.6404
21 EMA
0.6520
55 EMA
0.6658
ADX
21.80
+DMI
13.84
-DMI
35.53
RSI
35.53
MACD
-0.0098
MACD Signal
-0.0020
Bollinger Band Upper
0.6795
Bollinger Band Lower
0.6263
Bollinger Band Width
0.0532

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.