CAD/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Nov 28 08:06 GMT

Technical Studies
Last Updated: Nov 28 08:06 GMT
8 EMA
0.7230
21 EMA
0.7266
55 EMA
0.7315
ADX
57.97
+DMI
7.18
-DMI
31.38
RSI
31.38
MACD
-0.0037
MACD Signal
-0.0007
Bollinger Band Upper
0.7299
Bollinger Band Lower
0.7187
Bollinger Band Width
0.0113

Technical Studies
Last Updated: Nov 26 21:45 GMT
8 EMA
0.7295
21 EMA
0.7331
55 EMA
0.7348
ADX
24.17
+DMI
10.90
-DMI
27.25
RSI
27.25
MACD
-0.0022
MACD Signal
-0.0004
Bollinger Band Upper
0.7445
Bollinger Band Lower
0.7238
Bollinger Band Width
0.0207

Technical Studies
Last Updated: Nov 28 08:06 GMT
8 EMA
0.7337
21 EMA
0.7355
55 EMA
0.7355
ADX
19.10
+DMI
11.40
-DMI
33.08
RSI
33.08
MACD
-0.0012
MACD Signal
-0.0002
Bollinger Band Upper
0.7423
Bollinger Band Lower
0.7273
Bollinger Band Width
0.0150

Technical Studies
Last Updated: Nov 26 21:51 GMT
8 EMA
0.7326
21 EMA
0.7330
55 EMA
0.7274
ADX
16.86
+DMI
17.40
-DMI
42.71
RSI
42.71
MACD
0.0008
MACD Signal
0.0002
Bollinger Band Upper
0.7462
Bollinger Band Lower
0.7165
Bollinger Band Width
0.0297

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.