GBP/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Nov 21 14:09 GMT

Technical Studies
Last Updated: Nov 21 14:09 GMT
8 EMA
1.2837
21 EMA
1.2822
55 EMA
1.2811
ADX
18.23
+DMI
26.63
-DMI
70.46
RSI
70.46
MACD
0.0011
MACD Signal
0.0005
Bollinger Band Upper
1.2852
Bollinger Band Lower
1.2781
Bollinger Band Width
0.0070

Technical Studies
Last Updated: Nov 21 14:09 GMT
8 EMA
1.2819
21 EMA
1.2799
55 EMA
1.2771
ADX
24.91
+DMI
29.36
-DMI
63.50
RSI
63.50
MACD
0.0018
MACD Signal
0.0004
Bollinger Band Upper
1.2863
Bollinger Band Lower
1.2735
Bollinger Band Width
0.0128

Technical Studies
Last Updated: Nov 21 14:09 GMT
8 EMA
1.2797
21 EMA
1.2745
55 EMA
1.2584
ADX
42.89
+DMI
26.00
-DMI
66.46
RSI
66.46
MACD
0.0064
MACD Signal
0.0013
Bollinger Band Upper
1.2835
Bollinger Band Lower
1.2707
Bollinger Band Width
0.0128

Technical Studies
Last Updated: Nov 06 05:42 GMT
8 EMA
1.2601
21 EMA
1.2494
55 EMA
1.2630
ADX
24.00
+DMI
24.13
-DMI
59.16
RSI
59.16
MACD
0.0018
MACD Signal
0.0004
Bollinger Band Upper
1.2935
Bollinger Band Lower
1.1698
Bollinger Band Width
0.1237

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.