AUD/HKD - 1H - Technical analysis published on 09/27/2021 (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
Short term:
Neutral
Underlying:
Bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 5.6490 HKD
My targets
5.6691 HKD (+0.0082)
5.6807 HKD (+0.0198)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 5.6490 HKD remains possible. 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 5.6490 HKD. The next bullish objective for buyers is set at 5.6691 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.6807 HKD. If there is any crossing, the next objective would be the resistance located at 5.6957 HKD. PS: if there is a bearish break in the support located at 5.6490 HKD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.9
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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 5.6609 HKD. The price registered an increase of +0.18% on the session and was between 5.6484 HKD and 5.6745 HKD. This implies that the price is at +0.22% from its lowest and at -0.24% from its highest.5.6484
5.6745
5.6609
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:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/HKD indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 9 technical indicators out of 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
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 | 5.6235 | 5.6342 | 5.6490 | 5.6609 | 5.6691 | 5.6807 | 5.6957 |
| Change (%) | -0.66% | -0.47% | -0.21% | - | +0.14% | +0.35% | +0.61% |
| Change | -0.0374 | -0.0267 | -0.0119 | - | +0.0082 | +0.0198 | +0.0348 |
| Level | Major | Minor | Minor | - | Minor | Minor | Intermediate |
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 | 5.5627 | 5.5984 | 5.6245 | 5.6602 | 5.6863 | 5.7220 | 5.7481 |
| Camarilla | 5.6336 | 5.6393 | 5.6449 | 5.6506 | 5.6563 | 5.6619 | 5.6676 |
| Woodie | 5.5579 | 5.5960 | 5.6197 | 5.6578 | 5.6815 | 5.7196 | 5.7433 |
| Fibonacci | 5.5984 | 5.6220 | 5.6366 | 5.6602 | 5.6838 | 5.6984 | 5.7220 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.5424 | 5.5821 | 5.6164 | 5.6561 | 5.6904 | 5.7301 | 5.7644 |
| Camarilla | 5.6303 | 5.6370 | 5.6438 | 5.6506 | 5.6574 | 5.6642 | 5.6710 |
| Woodie | 5.5396 | 5.5808 | 5.6136 | 5.6548 | 5.6876 | 5.7288 | 5.7616 |
| Fibonacci | 5.5821 | 5.6104 | 5.6279 | 5.6561 | 5.6844 | 5.7019 | 5.7301 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.3196 | 5.4275 | 5.5597 | 5.6676 | 5.7998 | 5.9077 | 6.0399 |
| Camarilla | 5.6259 | 5.6479 | 5.6699 | 5.6919 | 5.7139 | 5.7359 | 5.7579 |
| Woodie | 5.3318 | 5.4336 | 5.5719 | 5.6737 | 5.8120 | 5.9138 | 6.0521 |
| Fibonacci | 5.4275 | 5.5192 | 5.5759 | 5.6676 | 5.7593 | 5.8160 | 5.9077 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.91 | |
| MACD (12,26,9): | 0.0014 | |
| Directional Movement: | 6.2783 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 5.6615 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.6551 | |
| Elder Ray (13): | 0.0032 | |
| Super Trend (3,10): | 5.6727 | |
| Zig ZAG (10): | 5.6611 | |
| VORTEX (21): | 1.0072 | |
| Stochastique (14,3,5): | 71.41 | |
| TEMA (21): | 5.6641 | |
| Williams %R (14): | -42.37 | |
| Chande Momentum Oscillator (20): | 0.0146 | |
| Repulse (5,40,3): | -0.0688 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0028 | |
| Courbe Coppock: | 0.64 |
| MA7: | 5.6515 | |
| MA20: | 5.7014 | |
| MA50: | 5.6987 | |
| MA100: | 5.8099 | |
| MAexp7: | 5.6650 | |
| MAexp20: | 5.6611 | |
| MAexp50: | 5.6601 | |
| MAexp100: | 5.6598 | |
| Price / MA7: | +0.17% | |
| Price / MA20: | -0.71% | |
| Price / MA50: | -0.66% | |
| Price / MA100: | -2.56% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | +0.00% | |
| Price / MAexp50: | +0.01% | |
| Price / MAexp100: | +0.02% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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