EUR/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Mar 01 13:54 GMT

Technical Studies
Last Updated: Mar 01 13:54 GMT
8 EMA
1.0998
21 EMA
1.0990
55 EMA
1.0994
ADX
32.43
+DMI
24.02
-DMI
63.26
RSI
63.26
MACD
0.0003
MACD Signal
0.0000
Bollinger Band Upper
1.1011
Bollinger Band Lower
1.0955
Bollinger Band Width
0.0056

Technical Studies
Last Updated: Mar 01 13:54 GMT
8 EMA
1.0994
21 EMA
1.0973
55 EMA
1.0911
ADX
53.74
+DMI
34.91
-DMI
62.67
RSI
62.67
MACD
0.0030
MACD Signal
0.0006
Bollinger Band Upper
1.1084
Bollinger Band Lower
1.0899
Bollinger Band Width
0.0184

Technical Studies
Last Updated: Mar 01 13:54 GMT
8 EMA
1.0959
21 EMA
1.0891
55 EMA
1.0840
ADX
29.24
+DMI
39.51
-DMI
71.39
RSI
71.39
MACD
0.0053
MACD Signal
0.0011
Bollinger Band Upper
1.1036
Bollinger Band Lower
1.0701
Bollinger Band Width
0.0335

Technical Studies
Last Updated: Mar 01 13:54 GMT
8 EMA
1.0889
21 EMA
1.0828
55 EMA
1.0806
ADX
37.14
+DMI
34.65
-DMI
69.96
RSI
69.96
MACD
0.0047
MACD Signal
0.0009
Bollinger Band Upper
1.0966
Bollinger Band Lower
1.0658
Bollinger Band Width
0.0308

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.