GBP/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Apr 24 00:33 GMT

Technical Studies
Last Updated: Apr 24 00:33 GMT
8 EMA
1.3203
21 EMA
1.3207
55 EMA
1.3199
ADX
17.23
+DMI
20.43
-DMI
49.27
RSI
49.27
MACD
-0.0000
MACD Signal
0.0003
Bollinger Band Upper
1.3263
Bollinger Band Lower
1.3172
Bollinger Band Width
0.0091

Technical Studies
Last Updated: Apr 24 00:33 GMT
8 EMA
1.3199
21 EMA
1.3181
55 EMA
1.3149
ADX
23.00
+DMI
25.35
-DMI
59.53
RSI
59.53
MACD
0.0019
MACD Signal
0.0004
Bollinger Band Upper
1.3221
Bollinger Band Lower
1.3147
Bollinger Band Width
0.0073

Technical Studies
Last Updated: Apr 24 00:33 GMT
8 EMA
1.3174
21 EMA
1.3145
55 EMA
1.3090
ADX
15.27
+DMI
20.99
-DMI
57.37
RSI
57.37
MACD
0.0021
MACD Signal
0.0004
Bollinger Band Upper
1.3248
Bollinger Band Lower
1.2978
Bollinger Band Width
0.0269

Technical Studies
Last Updated: Apr 24 00:33 GMT
8 EMA
1.3117
21 EMA
1.3019
55 EMA
1.2975
ADX
16.43
+DMI
19.35
-DMI
57.74
RSI
57.74
MACD
0.0080
MACD Signal
0.0016
Bollinger Band Upper
1.3443
Bollinger Band Lower
1.2456
Bollinger Band Width
0.0987

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.