USD/JPY 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
107.72
21 EMA
107.84
55 EMA
107.95
ADX
37.37
+DMI
6.56
-DMI
29.38
RSI
29.38
MACD
-0.09
MACD Signal
-0.04
Bollinger Band Upper
108.12
Bollinger Band Lower
107.60
Bollinger Band Width
0.52

Technical Studies
Last Updated: Sep 20 20:57 GMT
8 EMA
107.90
21 EMA
107.95
55 EMA
107.58
ADX
18.13
+DMI
17.33
-DMI
38.68
RSI
38.68
MACD
0.04
MACD Signal
0.01
Bollinger Band Upper
108.44
Bollinger Band Lower
107.66
Bollinger Band Width
0.78

Technical Studies
Last Updated: Sep 20 20:57 GMT
8 EMA
107.85
21 EMA
107.38
55 EMA
107.41
ADX
17.14
+DMI
20.73
-DMI
53.22
RSI
53.22
MACD
0.37
MACD Signal
0.07
Bollinger Band Upper
108.87
Bollinger Band Lower
105.36
Bollinger Band Width
3.50

Technical Studies
Last Updated: Sep 20 20:57 GMT
8 EMA
107.16
21 EMA
107.92
55 EMA
109.25
ADX
32.54
+DMI
15.08
-DMI
46.41
RSI
46.41
MACD
-0.89
MACD Signal
-0.18
Bollinger Band Upper
110.27
Bollinger Band Lower
105.26
Bollinger Band Width
5.01

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.