CAD/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Aug 10 21:36 GMT

Technical Studies
Last Updated: Aug 10 21:36 GMT
8 EMA
0.6855
21 EMA
0.6848
55 EMA
0.6842
ADX
33.12
+DMI
23.02
-DMI
61.27
RSI
61.27
MACD
0.0007
MACD Signal
0.0005
Bollinger Band Upper
0.6871
Bollinger Band Lower
0.6821
Bollinger Band Width
0.0050

Technical Studies
Last Updated: Aug 10 21:36 GMT
8 EMA
0.6845
21 EMA
0.6843
55 EMA
0.6858
ADX
15.06
+DMI
24.27
-DMI
55.41
RSI
55.41
MACD
0.0000
MACD Signal
0.0000
Bollinger Band Upper
0.6868
Bollinger Band Lower
0.6821
Bollinger Band Width
0.0048

Technical Studies
Last Updated: Aug 10 21:36 GMT
8 EMA
0.6848
21 EMA
0.6873
55 EMA
0.6921
ADX
22.53
+DMI
13.31
-DMI
45.47
RSI
45.47
MACD
-0.0029
MACD Signal
-0.0006
Bollinger Band Upper
0.6984
Bollinger Band Lower
0.6771
Bollinger Band Width
0.0213

Technical Studies
Last Updated: Aug 10 21:36 GMT
8 EMA
0.6880
21 EMA
0.6960
55 EMA
0.7143
ADX
29.56
+DMI
10.61
-DMI
40.64
RSI
40.64
MACD
-0.0088
MACD Signal
-0.0018
Bollinger Band Upper
0.7083
Bollinger Band Lower
0.6763
Bollinger Band Width
0.0320

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.