AUD/HKD
AUD HKD
- HKD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDHKD
ISIN:

AUD/HKD - 1H - Technical analysis published on 12/23/2020 (GMT)

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  • Timeframe : 1H
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  • Status : TARGET REACHED

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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

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:
15 min. Daily Weekly

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.

Central Gaps

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:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard5.77805.80275.82965.85435.88125.90595.9328
Camarilla5.84225.84695.85175.85645.86115.86595.8706
Woodie5.77905.80335.83065.85495.88225.90655.9338
Fibonacci5.80275.82245.83465.85435.87405.88625.9059


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.74255.78095.84535.88375.94815.98656.0509
Camarilla5.88135.89085.90025.90965.91905.92855.9379
Woodie5.75545.78745.85825.89025.96105.99306.0638
Fibonacci5.78095.82025.84455.88375.92305.94735.9865


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.18415.30295.50365.62245.82315.94196.1426
Camarilla5.61645.64575.67505.70435.73365.76295.7922
Woodie5.22515.32345.54465.64295.86415.96246.1836
Fibonacci5.30295.42505.50045.62245.74455.81995.9419

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 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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