CAD/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Sep 18 20:54 GMT

Technical Studies
Last Updated: Sep 18 20:54 GMT
8 EMA
0.6900
21 EMA
0.6901
55 EMA
0.6899
ADX
11.68
+DMI
17.25
-DMI
51.68
RSI
51.68
MACD
-0.0000
MACD Signal
0.0000
Bollinger Band Upper
0.6909
Bollinger Band Lower
0.6895
Bollinger Band Width
0.0014

Technical Studies
Last Updated: Sep 18 20:51 GMT
8 EMA
0.6899
21 EMA
0.6901
55 EMA
0.6911
ADX
25.29
+DMI
12.31
-DMI
49.21
RSI
49.21
MACD
-0.0005
MACD Signal
-0.0002
Bollinger Band Upper
0.6908
Bollinger Band Lower
0.6881
Bollinger Band Width
0.0027

Technical Studies
Last Updated: Sep 18 20:54 GMT
8 EMA
0.6907
21 EMA
0.6913
55 EMA
0.6917
ADX
16.07
+DMI
14.89
-DMI
48.05
RSI
48.05
MACD
-0.0001
MACD Signal
-0.0000
Bollinger Band Upper
0.6991
Bollinger Band Lower
0.6857
Bollinger Band Width
0.0134

Technical Studies
Last Updated: Sep 18 20:54 GMT
8 EMA
0.6908
21 EMA
0.6945
55 EMA
0.7106
ADX
24.31
+DMI
13.60
-DMI
45.11
RSI
45.11
MACD
-0.0056
MACD Signal
-0.0011
Bollinger Band Upper
0.7087
Bollinger Band Lower
0.6777
Bollinger Band Width
0.0310

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.