AUD/HKD - 1H - Technical analysis published on 12/03/2020 (GMT)
- 278
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- 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 bullish
De fond:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 5.7412 HKD
My targets
5.7994 HKD (+0.0431)
5.8639 HKD (+0.1076)
My analysis
The bullish trend is currently very strong on AUD/HKD. As long as the price remains above the support at 5.7412 HKD, you could try to benefit from the boom. The first bullish objective is located at 5.7994 HKD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 5.8639 HKD as an objective. Crossing it would then enable buyers to target 6.0079 HKD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.6
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/HKD rating is 5.7563 HKD. The price has increased by +0.14% since the last closing and was traded between 5.7347 HKD and 5.7649 HKD over the period. The price is currently at +0.38% from its lowest and -0.15% from its highest.5.7347
5.7649
5.7563
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/HKD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
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.
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 | 5.7157 | 5.7325 | 5.7412 | 5.7563 | 6.0079 | 6.3335 | 7.6497 |
| Change (%) | -0.71% | -0.41% | -0.26% | - | +4.37% | +10.03% | +32.89% |
| Change | -0.0406 | -0.0238 | -0.0151 | - | +0.2516 | +0.5772 | +1.8934 |
| Level | Major | Major | Intermediate | - | Minor | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.6599 | 5.6791 | 5.7135 | 5.7327 | 5.7671 | 5.7863 | 5.8207 |
| Camarilla | 5.7333 | 5.7382 | 5.7431 | 5.7480 | 5.7529 | 5.7578 | 5.7627 |
| Woodie | 5.6676 | 5.6829 | 5.7212 | 5.7365 | 5.7748 | 5.7901 | 5.8284 |
| Fibonacci | 5.6791 | 5.6995 | 5.7122 | 5.7327 | 5.7531 | 5.7658 | 5.7863 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.5558 | 5.5940 | 5.6585 | 5.6967 | 5.7612 | 5.7994 | 5.8639 |
| Camarilla | 5.6948 | 5.7042 | 5.7136 | 5.7230 | 5.7324 | 5.7418 | 5.7512 |
| Woodie | 5.5690 | 5.6006 | 5.6717 | 5.7033 | 5.7744 | 5.8060 | 5.8771 |
| Fibonacci | 5.5940 | 5.6332 | 5.6575 | 5.6967 | 5.7359 | 5.7602 | 5.7994 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.1841 | 5.3029 | 5.5036 | 5.6224 | 5.8231 | 5.9419 | 6.1426 |
| Camarilla | 5.6164 | 5.6457 | 5.6750 | 5.7043 | 5.7336 | 5.7629 | 5.7922 |
| Woodie | 5.2251 | 5.3234 | 5.5446 | 5.6429 | 5.8641 | 5.9624 | 6.1836 |
| Fibonacci | 5.3029 | 5.4250 | 5.5004 | 5.6224 | 5.7445 | 5.8199 | 5.9419 |
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): | 70.81 | |
| MACD (12,26,9): | 0.0098 | |
| Directional Movement: | 22.2293 | |
| AROON (14): | 92.8571 | |
| DEMA (21): | 5.7528 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.7395 | |
| Elder Ray (13): | 0.0150 | |
| Super Trend (3,10): | 5.7347 | |
| Zig ZAG (10): | 5.7579 | |
| VORTEX (21): | 1.2305 | |
| Stochastique (14,3,5): | 91.06 | |
| TEMA (21): | 5.7569 | |
| Williams %R (14): | -22.48 | |
| Chande Momentum Oscillator (20): | 0.0179 | |
| Repulse (5,40,3): | 0.0848 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0210 | |
| Courbe Coppock: | 0.77 |
| MA7: | 5.7236 | |
| MA20: | 5.6767 | |
| MA50: | 5.5854 | |
| MA100: | 5.5844 | |
| MAexp7: | 5.7480 | |
| MAexp20: | 5.7412 | |
| MAexp50: | 5.7286 | |
| MAexp100: | 5.7196 | |
| Price / MA7: | +0.57% | |
| Price / MA20: | +1.40% | |
| Price / MA50: | +3.06% | |
| Price / MA100: | +3.08% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +0.26% | |
| Price / MAexp50: | +0.48% | |
| Price / MAexp100: | +0.64% |
Quotes :
2020-12-03 08:37:57
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis AUD/HKD - 1H