CAD/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Jun 25 19:51 GMT

Technical Studies
Last Updated: Jun 25 19:51 GMT
8 EMA
0.7419
21 EMA
0.7426
55 EMA
0.7441
ADX
20.98
+DMI
10.73
-DMI
45.87
RSI
45.87
MACD
-0.0007
MACD Signal
-0.0004
Bollinger Band Upper
0.7442
Bollinger Band Lower
0.7411
Bollinger Band Width
0.0032

Technical Studies
Last Updated: Jun 25 19:51 GMT
8 EMA
0.7437
21 EMA
0.7470
55 EMA
0.7530
ADX
42.10
+DMI
7.02
-DMI
30.99
RSI
30.99
MACD
-0.0034
MACD Signal
-0.0007
Bollinger Band Upper
0.7531
Bollinger Band Lower
0.7403
Bollinger Band Width
0.0128

Technical Studies
Last Updated: Jun 25 19:51 GMT
8 EMA
0.7486
21 EMA
0.7559
55 EMA
0.7600
ADX
31.02
+DMI
9.27
-DMI
30.55
RSI
30.55
MACD
-0.0061
MACD Signal
-0.0012
Bollinger Band Upper
0.7708
Bollinger Band Lower
0.7424
Bollinger Band Width
0.0284

Technical Studies
Last Updated: Jun 25 19:51 GMT
8 EMA
0.7549
21 EMA
0.7575
55 EMA
0.7582
ADX
17.05
+DMI
15.10
-DMI
40.73
RSI
40.73
MACD
-0.0015
MACD Signal
-0.0003
Bollinger Band Upper
0.7851
Bollinger Band Lower
0.7204
Bollinger Band Width
0.0647

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.