AUD/HKD - 1H - Technical analysis published on 10/14/2020 (GMT)
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- Timeframe : 1H
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 5.5574 HKD
My targets
5.5741 HKD (+0.0065)
5.5863 HKD (+0.0187)
My analysis
AUD/HKD is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 5.5574 HKD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 5.5741 HKD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 5.5863 HKD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 5.6141 HKD. Beware of a possible return to under the support located at 5.5574 HKD which would be the sign of a correction of the bullish excesses registered in the short term.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.7
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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
The AUD/HKD price is 5.5676 HKD. The price registered an increase of +0.28% on the session with the lowest point at 5.5436 HKD and the highest point at 5.5722 HKD. The deviation from the price is +0.43% for the low point and -0.08% for the high point.5.5436
5.5722
5.5676
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/HKD in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.5221 | 5.5418 | 5.5574 | 5.5676 | 5.5741 | 5.5863 | 5.6141 |
| Change (%) | -0.82% | -0.46% | -0.18% | - | +0.12% | +0.34% | +0.84% |
| Change | -0.0455 | -0.0258 | -0.0102 | - | +0.0065 | +0.0187 | +0.0465 |
| Level | Major | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.4874 | 5.5143 | 5.5332 | 5.5601 | 5.5790 | 5.6059 | 5.6248 |
| Camarilla | 5.5395 | 5.5437 | 5.5479 | 5.5521 | 5.5563 | 5.5605 | 5.5647 |
| Woodie | 5.4834 | 5.5123 | 5.5292 | 5.5581 | 5.5750 | 5.6039 | 5.6208 |
| Fibonacci | 5.5143 | 5.5318 | 5.5426 | 5.5601 | 5.5776 | 5.5884 | 5.6059 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.4219 | 5.4607 | 5.5366 | 5.5754 | 5.6513 | 5.6901 | 5.7660 |
| Camarilla | 5.5811 | 5.5916 | 5.6021 | 5.6126 | 5.6231 | 5.6336 | 5.6441 |
| Woodie | 5.4406 | 5.4700 | 5.5553 | 5.5847 | 5.6700 | 5.6994 | 5.7847 |
| Fibonacci | 5.4607 | 5.5045 | 5.5316 | 5.5754 | 5.6192 | 5.6463 | 5.6901 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.0901 | 5.2599 | 5.4063 | 5.5761 | 5.7225 | 5.8923 | 6.0387 |
| Camarilla | 5.4659 | 5.4948 | 5.5238 | 5.5528 | 5.5818 | 5.6108 | 5.6398 |
| Woodie | 5.0785 | 5.2541 | 5.3947 | 5.5703 | 5.7109 | 5.8865 | 6.0271 |
| Fibonacci | 5.2599 | 5.3807 | 5.4553 | 5.5761 | 5.6969 | 5.7715 | 5.8923 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.68 | |
| MACD (12,26,9): | 0.0013 | |
| Directional Movement: | 1.3992 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 5.5615 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.5539 | |
| Elder Ray (13): | 0.0062 | |
| Super Trend (3,10): | 5.5443 | |
| Zig ZAG (10): | 5.5699 | |
| VORTEX (21): | 1.1581 | |
| Stochastique (14,3,5): | 86.20 | |
| TEMA (21): | 5.5670 | |
| Williams %R (14): | -5.19 | |
| Chande Momentum Oscillator (20): | 0.0139 | |
| Repulse (5,40,3): | 0.2195 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0031 | |
| Courbe Coppock: | 0.44 |
| MA7: | 5.5599 | |
| MA20: | 5.5533 | |
| MA50: | 5.5887 | |
| MA100: | 5.4951 | |
| MAexp7: | 5.5637 | |
| MAexp20: | 5.5602 | |
| MAexp50: | 5.5640 | |
| MAexp100: | 5.5651 | |
| Price / MA7: | +0.14% | |
| Price / MA20: | +0.26% | |
| Price / MA50: | -0.38% | |
| Price / MA100: | +1.32% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.13% | |
| Price / MAexp50: | +0.06% | |
| Price / MAexp100: | +0.04% |
Quotes :
2020-10-14 15:27:08
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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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