GBP/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Dec 01 02:12 GMT

Technical Studies
Last Updated: Dec 01 02:12 GMT
8 EMA
1.2107
21 EMA
1.2092
55 EMA
1.2090
ADX
22.58
+DMI
18.87
-DMI
63.73
RSI
63.73
MACD
0.0013
MACD Signal
0.0009
Bollinger Band Upper
1.2140
Bollinger Band Lower
1.2029
Bollinger Band Width
0.0111

Technical Studies
Last Updated: Dec 01 02:12 GMT
8 EMA
1.2092
21 EMA
1.2103
55 EMA
1.2077
ADX
25.19
+DMI
19.27
-DMI
52.26
RSI
52.26
MACD
-0.0007
MACD Signal
-0.0001
Bollinger Band Upper
1.2213
Bollinger Band Lower
1.2030
Bollinger Band Width
0.0183

Technical Studies
Last Updated: Dec 01 02:12 GMT
8 EMA
1.2104
21 EMA
1.2053
55 EMA
1.1970
ADX
16.52
+DMI
20.70
-DMI
57.37
RSI
57.37
MACD
0.0058
MACD Signal
0.0012
Bollinger Band Upper
1.2252
Bollinger Band Lower
1.1868
Bollinger Band Width
0.0384

Technical Studies
Last Updated: Dec 01 02:12 GMT
8 EMA
1.1996
21 EMA
1.1951
55 EMA
1.2092
ADX
16.12
+DMI
21.47
-DMI
55.66
RSI
55.66
MACD
0.0004
MACD Signal
0.0001
Bollinger Band Upper
1.2177
Bollinger Band Lower
1.1657
Bollinger Band Width
0.0520

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.