CAD/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Oct 18 20:54 GMT

Technical Studies
Last Updated: Oct 18 20:54 GMT
8 EMA
0.7507
21 EMA
0.7512
55 EMA
0.7521
ADX
15.69
+DMI
14.41
-DMI
38.22
RSI
38.22
MACD
-0.0005
MACD Signal
-0.0002
Bollinger Band Upper
0.7528
Bollinger Band Lower
0.7499
Bollinger Band Width
0.0029

Technical Studies
Last Updated: Oct 18 20:54 GMT
8 EMA
0.7519
21 EMA
0.7524
55 EMA
0.7511
ADX
13.37
+DMI
16.62
-DMI
41.88
RSI
41.88
MACD
0.0001
MACD Signal
0.0000
Bollinger Band Upper
0.7569
Bollinger Band Lower
0.7502
Bollinger Band Width
0.0067

Technical Studies
Last Updated: Oct 18 20:54 GMT
8 EMA
0.7518
21 EMA
0.7502
55 EMA
0.7480
ADX
12.42
+DMI
17.03
-DMI
50.72
RSI
50.72
MACD
0.0016
MACD Signal
0.0003
Bollinger Band Upper
0.7565
Bollinger Band Lower
0.7432
Bollinger Band Width
0.0132

Technical Studies
Last Updated: Oct 18 20:57 GMT
8 EMA
0.7485
21 EMA
0.7476
55 EMA
0.7495
ADX
11.91
+DMI
17.55
-DMI
51.63
RSI
51.63
MACD
0.0000
MACD Signal
0.0000
Bollinger Band Upper
0.7597
Bollinger Band Lower
0.7334
Bollinger Band Width
0.0264

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.