NZD/USD Action Bias

 
Current
H
6H
D
W

Last Updated: Mar 25 14:30 GMT

Technical Studies
Last Updated: Mar 25 14:30 GMT
8 EMA
0.6889
21 EMA
0.6884
55 EMA
0.6882
ADX
23.38
+DMI
26.44
-DMI
66.02
RSI
66.02
MACD
0.0003
MACD Signal
0.0001
Bollinger Band Upper
0.6896
Bollinger Band Lower
0.6867
Bollinger Band Width
0.0029

Technical Studies
Last Updated: Mar 25 14:30 GMT
8 EMA
0.6883
21 EMA
0.6874
55 EMA
0.6854
ADX
15.11
+DMI
23.27
-DMI
59.44
RSI
59.44
MACD
0.0011
MACD Signal
0.0002
Bollinger Band Upper
0.6921
Bollinger Band Lower
0.6826
Bollinger Band Width
0.0095

Technical Studies
Last Updated: Mar 25 14:27 GMT
8 EMA
0.6869
21 EMA
0.6847
55 EMA
0.6822
ADX
13.77
+DMI
21.42
-DMI
59.88
RSI
59.88
MACD
0.0017
MACD Signal
0.0003
Bollinger Band Upper
0.6916
Bollinger Band Lower
0.6760
Bollinger Band Width
0.0156

Technical Studies
Last Updated: Mar 25 14:30 GMT
8 EMA
0.6846
21 EMA
0.6808
55 EMA
0.6843
ADX
11.38
+DMI
20.88
-DMI
55.76
RSI
55.76
MACD
0.0026
MACD Signal
0.0005
Bollinger Band Upper
0.6938
Bollinger Band Lower
0.6696
Bollinger Band Width
0.0242

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.