USD/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Jul 13 20:57 GMT

Technical Studies
Last Updated: Jul 13 20:57 GMT
8 EMA
1.0026
21 EMA
1.0027
55 EMA
1.0003
ADX
31.90
+DMI
18.68
-DMI
45.43
RSI
45.43
MACD
0.0004
MACD Signal
0.0001
Bollinger Band Upper
1.0060
Bollinger Band Lower
1.0004
Bollinger Band Width
0.0056

Technical Studies
Last Updated: Jul 13 20:57 GMT
8 EMA
1.0006
21 EMA
0.9971
55 EMA
0.9944
ADX
26.25
+DMI
31.22
-DMI
65.98
RSI
65.98
MACD
0.0028
MACD Signal
0.0006
Bollinger Band Upper
1.0054
Bollinger Band Lower
0.9854
Bollinger Band Width
0.0200

Technical Studies
Last Updated: Jul 13 20:57 GMT
8 EMA
0.9965
21 EMA
0.9939
55 EMA
0.9888
ADX
14.49
+DMI
24.26
-DMI
61.81
RSI
61.81
MACD
0.0020
MACD Signal
0.0004
Bollinger Band Upper
1.0015
Bollinger Band Lower
0.9859
Bollinger Band Width
0.0156

Technical Studies
Last Updated: Jul 13 20:57 GMT
8 EMA
0.9916
21 EMA
0.9819
55 EMA
0.9765
ADX
20.76
+DMI
24.69
-DMI
62.39
RSI
62.39
MACD
0.0083
MACD Signal
0.0017
Bollinger Band Upper
1.0184
Bollinger Band Lower
0.9366
Bollinger Band Width
0.0818

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.