USD/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Jan 26 08:18 GMT

Technical Studies
Last Updated: Jan 26 08:18 GMT
8 EMA
0.8888
21 EMA
0.8881
55 EMA
0.8873
ADX
43.66
+DMI
29.08
-DMI
62.85
RSI
62.85
MACD
0.0007
MACD Signal
0.0004
Bollinger Band Upper
0.8894
Bollinger Band Lower
0.8873
Bollinger Band Width
0.0020

Technical Studies
Last Updated: Jan 26 08:18 GMT
8 EMA
0.8877
21 EMA
0.8875
55 EMA
0.8875
ADX
14.58
+DMI
22.13
-DMI
56.68
RSI
56.68
MACD
-0.0001
MACD Signal
-0.0000
Bollinger Band Upper
0.8908
Bollinger Band Lower
0.8840
Bollinger Band Width
0.0068

Technical Studies
Last Updated: Jan 26 08:18 GMT
8 EMA
0.8878
21 EMA
0.8878
55 EMA
0.8930
ADX
13.81
+DMI
20.50
-DMI
51.09
RSI
51.09
MACD
-0.0006
MACD Signal
-0.0001
Bollinger Band Upper
0.8940
Bollinger Band Lower
0.8786
Bollinger Band Width
0.0153

Technical Studies
Last Updated: Jan 26 08:18 GMT
8 EMA
0.8904
21 EMA
0.9013
55 EMA
0.9267
ADX
41.19
+DMI
10.62
-DMI
40.20
RSI
40.20
MACD
-0.0121
MACD Signal
-0.0024
Bollinger Band Upper
0.9282
Bollinger Band Lower
0.8749
Bollinger Band Width
0.0533

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.