AUD/HKD - 1H - Technical analysis published on 12/23/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 5.8679 HKD
My targets
5.8912 HKD (+0.0105)
5.9222 HKD (+0.0415)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade AUD/HKD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 5.8679 HKD. The buyers” bullish objective is set at 5.8912 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.9222 HKD. If there is any crossing, the next objective would be the resistance located at 6.0100 HKD. If there is a bearish break in the support located at 5.8679 HKD some indecision would arise.
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
5.2
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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 rating is 5.8807 HKD. The price has increased by +0.42% since the last closing and was between 5.8331 HKD and 5.8822 HKD. This implies that the price is at +0.82% from its lowest and at -0.03% from its highest.5.8331
5.8822
5.8807
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of AUD/HKD in 1H shows an overall slightly bullish trend. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
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
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.8301 | 5.8451 | 5.8679 | 5.8807 | 5.8912 | 5.9222 | 6.0100 |
| Change (%) | -0.86% | -0.61% | -0.22% | - | +0.18% | +0.71% | +2.20% |
| Change | -0.0506 | -0.0356 | -0.0128 | - | +0.0105 | +0.0415 | +0.1293 |
| Level | Minor | Minor | Major | - | Minor | Minor | Minor |
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 | 5.7780 | 5.8027 | 5.8296 | 5.8543 | 5.8812 | 5.9059 | 5.9328 |
| Camarilla | 5.8422 | 5.8469 | 5.8517 | 5.8564 | 5.8611 | 5.8659 | 5.8706 |
| Woodie | 5.7790 | 5.8033 | 5.8306 | 5.8549 | 5.8822 | 5.9065 | 5.9338 |
| Fibonacci | 5.8027 | 5.8224 | 5.8346 | 5.8543 | 5.8740 | 5.8862 | 5.9059 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.7425 | 5.7809 | 5.8453 | 5.8837 | 5.9481 | 5.9865 | 6.0509 |
| Camarilla | 5.8813 | 5.8908 | 5.9002 | 5.9096 | 5.9190 | 5.9285 | 5.9379 |
| Woodie | 5.7554 | 5.7874 | 5.8582 | 5.8902 | 5.9610 | 5.9930 | 6.0638 |
| Fibonacci | 5.7809 | 5.8202 | 5.8445 | 5.8837 | 5.9230 | 5.9473 | 5.9865 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 58.61 | |
| MACD (12,26,9): | 0.0046 | |
| Directional Movement: | 1.6697 | |
| AROON (14): | 57.1428 | |
| DEMA (21): | 5.8634 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.8455 | |
| Elder Ray (13): | 0.0065 | |
| Super Trend (3,10): | 5.8358 | |
| Zig ZAG (10): | 5.8704 | |
| VORTEX (21): | 1.1090 | |
| Stochastique (14,3,5): | 80.76 | |
| TEMA (21): | 5.8704 | |
| Williams %R (14): | -0.23 | |
| Chande Momentum Oscillator (20): | 0.0276 | |
| Repulse (5,40,3): | 0.3683 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0063 | |
| Courbe Coppock: | 0.91 |
| MA7: | 5.8783 | |
| MA20: | 5.8007 | |
| MA50: | 5.6662 | |
| MA100: | 5.6271 | |
| MAexp7: | 5.8675 | |
| MAexp20: | 5.8580 | |
| MAexp50: | 5.8580 | |
| MAexp100: | 5.8614 | |
| Price / MA7: | +0.04% | |
| Price / MA20: | +1.38% | |
| Price / MA50: | +3.79% | |
| Price / MA100: | +4.51% | |
| Price / MAexp7: | +0.22% | |
| Price / MAexp20: | +0.39% | |
| Price / MAexp50: | +0.39% | |
| Price / MAexp100: | +0.33% |
Quotes :
2020-12-23 14:38:34
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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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