USD/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Sep 20 20:57 GMT

Technical Studies
Last Updated: Sep 20 20:57 GMT
8 EMA
0.9916
21 EMA
0.9919
55 EMA
0.9926
ADX
28.71
+DMI
12.17
-DMI
42.27
RSI
42.27
MACD
-0.0003
MACD Signal
-0.0003
Bollinger Band Upper
0.9928
Bollinger Band Lower
0.9904
Bollinger Band Width
0.0024

Technical Studies
Last Updated: Sep 20 20:57 GMT
8 EMA
0.9923
21 EMA
0.9925
55 EMA
0.9904
ADX
16.11
+DMI
20.21
-DMI
46.90
RSI
46.90
MACD
0.0003
MACD Signal
0.0001
Bollinger Band Upper
0.9975
Bollinger Band Lower
0.9885
Bollinger Band Width
0.0090

Technical Studies
Last Updated: Sep 20 20:57 GMT
8 EMA
0.9922
21 EMA
0.9891
55 EMA
0.9875
ADX
11.21
+DMI
18.04
-DMI
53.81
RSI
53.81
MACD
0.0029
MACD Signal
0.0006
Bollinger Band Upper
0.9984
Bollinger Band Lower
0.9791
Bollinger Band Width
0.0193

Technical Studies
Last Updated: Sep 20 20:57 GMT
8 EMA
0.9867
21 EMA
0.9890
55 EMA
0.9904
ADX
12.89
+DMI
17.06
-DMI
50.58
RSI
50.58
MACD
-0.0029
MACD Signal
-0.0006
Bollinger Band Upper
1.0113
Bollinger Band Lower
0.9670
Bollinger Band Width
0.0443

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.