NZD/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Mar 27 20:51 GMT

Technical Studies
Last Updated: Mar 27 20:51 GMT
8 EMA
0.6023
21 EMA
0.5988
55 EMA
0.5932
ADX
26.79
+DMI
28.92
-DMI
63.96
RSI
63.96
MACD
0.0031
MACD Signal
0.0023
Bollinger Band Upper
0.6070
Bollinger Band Lower
0.5901
Bollinger Band Width
0.0168

Technical Studies
Last Updated: Mar 27 20:54 GMT
8 EMA
0.5948
21 EMA
0.5889
55 EMA
0.5953
ADX
22.99
+DMI
27.33
-DMI
61.64
RSI
61.64
MACD
0.0031
MACD Signal
0.0006
Bollinger Band Upper
0.6059
Bollinger Band Lower
0.5624
Bollinger Band Width
0.0435

Technical Studies
Last Updated: Mar 27 20:54 GMT
8 EMA
0.5911
21 EMA
0.6026
55 EMA
0.6231
ADX
53.37
+DMI
15.96
-DMI
47.74
RSI
47.74
MACD
-0.0131
MACD Signal
-0.0026
Bollinger Band Upper
0.6517
Bollinger Band Lower
0.5584
Bollinger Band Width
0.0933

Technical Studies
Last Updated: Mar 27 20:51 GMT
8 EMA
0.6160
21 EMA
0.6331
55 EMA
0.6480
ADX
31.48
+DMI
6.51
-DMI
39.50
RSI
39.50
MACD
-0.0122
MACD Signal
-0.0024
Bollinger Band Upper
0.6896
Bollinger Band Lower
0.5932
Bollinger Band Width
0.0964

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.