AUD/HKD - 1H - Technical analysis published on 09/04/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 5.6591 HKD
My targets
5.5939 HKD (-0.0389)
5.5706 HKD (-0.0622)
My analysis
AUD/HKD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 5.6591 HKD. The next support located at 5.5939 HKD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 5.5706 HKD. Below this support, sellers could then target 5.5426 HKD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/HKD rating 5.6328 HKD. The price registered an increase of +0.19% on the session and was between 5.6219 HKD and 5.6413 HKD. This implies that the price is at +0.19% from its lowest and at -0.15% from its highest.5.6219
5.6413
5.6328
Here is a more detailed summary of the historical variations registered by AUD/HKD:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/HKD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.5706 | 5.5939 | 5.6296 | 5.6328 | 5.6591 | 5.6892 | 5.7325 |
| Change (%) | -1.10% | -0.69% | -0.06% | - | +0.47% | +1.00% | +1.77% |
| Change | -0.0622 | -0.0389 | -0.0032 | - | +0.0263 | +0.0564 | +0.0997 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.5363 | 5.5779 | 5.6000 | 5.6416 | 5.6637 | 5.7053 | 5.7274 |
| Camarilla | 5.6045 | 5.6103 | 5.6162 | 5.6220 | 5.6278 | 5.6337 | 5.6395 |
| Woodie | 5.5265 | 5.5730 | 5.5902 | 5.6367 | 5.6539 | 5.7004 | 5.7176 |
| Fibonacci | 5.5779 | 5.6023 | 5.6173 | 5.6416 | 5.6660 | 5.6810 | 5.7053 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.4299 | 5.4861 | 5.5975 | 5.6537 | 5.7651 | 5.8213 | 5.9327 |
| Camarilla | 5.6629 | 5.6783 | 5.6936 | 5.7090 | 5.7244 | 5.7397 | 5.7551 |
| Woodie | 5.4576 | 5.4999 | 5.6252 | 5.6675 | 5.7928 | 5.8351 | 5.9604 |
| Fibonacci | 5.4861 | 5.5501 | 5.5896 | 5.6537 | 5.7177 | 5.7572 | 5.8213 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.3031 | 5.3940 | 5.5556 | 5.6465 | 5.8081 | 5.8990 | 6.0606 |
| Camarilla | 5.6478 | 5.6709 | 5.6941 | 5.7172 | 5.7404 | 5.7635 | 5.7866 |
| Woodie | 5.3385 | 5.4117 | 5.5910 | 5.6642 | 5.8435 | 5.9167 | 6.0960 |
| Fibonacci | 5.3940 | 5.4905 | 5.5501 | 5.6465 | 5.7430 | 5.8026 | 5.8990 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 41.65 | |
| MACD (12,26,9): | -0.0090 | |
| Directional Movement: | -14.1048 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 5.6281 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.6458 | |
| Elder Ray (13): | -0.0008 | |
| Super Trend (3,10): | 5.6564 | |
| Zig ZAG (10): | 5.6351 | |
| VORTEX (21): | 0.8663 | |
| Stochastique (14,3,5): | 48.47 | |
| TEMA (21): | 5.6288 | |
| Williams %R (14): | -40.43 | |
| Chande Momentum Oscillator (20): | -0.0040 | |
| Repulse (5,40,3): | -0.0583 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0278 | |
| Courbe Coppock: | 0.50 |
| MA7: | 5.6731 | |
| MA20: | 5.6057 | |
| MA50: | 5.5205 | |
| MA100: | 5.3384 | |
| MAexp7: | 5.6341 | |
| MAexp20: | 5.6412 | |
| MAexp50: | 5.6592 | |
| MAexp100: | 5.6672 | |
| Price / MA7: | -0.71% | |
| Price / MA20: | +0.48% | |
| Price / MA50: | +2.03% | |
| Price / MA100: | +5.51% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.15% | |
| Price / MAexp50: | -0.47% | |
| Price / MAexp100: | -0.61% |
Quotes :
2020-09-04 05:52:35
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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