GBP/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Aug 23 20:57 GMT

Technical Studies
Last Updated: Aug 23 20:57 GMT
8 EMA
1.1986
21 EMA
1.2007
55 EMA
1.1988
ADX
33.13
+DMI
14.57
-DMI
40.73
RSI
40.73
MACD
-0.0011
MACD Signal
-0.0001
Bollinger Band Upper
1.2099
Bollinger Band Lower
1.1946
Bollinger Band Width
0.0154

Technical Studies
Last Updated: Aug 23 20:57 GMT
8 EMA
1.2001
21 EMA
1.1946
55 EMA
1.1921
ADX
24.35
+DMI
23.37
-DMI
57.51
RSI
57.51
MACD
0.0050
MACD Signal
0.0019
Bollinger Band Upper
1.2077
Bollinger Band Lower
1.1802
Bollinger Band Width
0.0275

Technical Studies
Last Updated: Aug 23 20:57 GMT
8 EMA
1.1924
21 EMA
1.1960
55 EMA
1.2202
ADX
38.51
+DMI
19.75
-DMI
48.29
RSI
48.29
MACD
-0.0078
MACD Signal
-0.0016
Bollinger Band Upper
1.2135
Bollinger Band Lower
1.1654
Bollinger Band Width
0.0481

Technical Studies
Last Updated: Aug 23 20:57 GMT
8 EMA
1.2089
21 EMA
1.2419
55 EMA
1.2699
ADX
31.51
+DMI
12.73
-DMI
33.95
RSI
33.95
MACD
-0.0273
MACD Signal
-0.0055
Bollinger Band Upper
1.3493
Bollinger Band Lower
1.1616
Bollinger Band Width
0.1877

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.