GBP/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Oct 25 13:30 GMT

Technical Studies
Last Updated: Oct 25 13:30 GMT
8 EMA
1.2640
21 EMA
1.2633
55 EMA
1.2646
ADX
26.92
+DMI
22.12
-DMI
54.65
RSI
54.65
MACD
0.0002
MACD Signal
0.0001
Bollinger Band Upper
1.2655
Bollinger Band Lower
1.2592
Bollinger Band Width
0.0063

Technical Studies
Last Updated: Oct 25 13:30 GMT
8 EMA
1.2643
21 EMA
1.2661
55 EMA
1.2658
ADX
19.23
+DMI
16.66
-DMI
44.93
RSI
44.93
MACD
-0.0011
MACD Signal
-0.0002
Bollinger Band Upper
1.2762
Bollinger Band Lower
1.2597
Bollinger Band Width
0.0165

Technical Studies
Last Updated: Oct 25 13:30 GMT
8 EMA
1.2655
21 EMA
1.2650
55 EMA
1.2652
ADX
12.48
+DMI
14.39
-DMI
49.30
RSI
49.30
MACD
0.0004
MACD Signal
0.0001
Bollinger Band Upper
1.2727
Bollinger Band Lower
1.2536
Bollinger Band Width
0.0190

Technical Studies
Last Updated: Oct 25 13:30 GMT
8 EMA
1.2646
21 EMA
1.2644
55 EMA
1.2530
ADX
12.06
+DMI
18.30
-DMI
50.77
RSI
50.77
MACD
0.0018
MACD Signal
0.0004
Bollinger Band Upper
1.2802
Bollinger Band Lower
1.2518
Bollinger Band Width
0.0284

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.