AUD/HKD
AUD HKD
- HKD (-)
- Real time data - Forex
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Type: Forex
Ticker: AUDHKD
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AUD/HKD - 1H - Technical analysis published on 10/15/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 5.7466 HKD
My targets
5.7938 HKD (+0.0190)
5.8121 HKD (+0.0373)
My analysis
The basic bullish trend is very strong on AUD/HKD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 5.7466 HKD. Crossing the first resistance at 5.7938 HKD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 5.8121 HKD as an objective. Crossing it would then enable buyers to target 5.8949 HKD. Caution, a return to below 5.7466 HKD would be a sign of a consolidation phase in the short-term basic trend. 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.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
4.3

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 price is 5.7748 HKD. The price registered an increase of +0.14% on the session with the lowest point at 5.7599 HKD and the highest point at 5.7885 HKD. The deviation from the price is +0.26% for the low point and -0.24% for the high point.

5.7599
5.7885
5.7748

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of AUD/HKD in 1H shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 8 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5.7040 5.7325 5.7466 5.7748 5.7769 5.7938 5.8949
Change (%) -1.23% -0.73% -0.49% - +0.04% +0.33% +2.08%
Change -0.0708 -0.0423 -0.0282 - +0.0021 +0.0190 +0.1201
Level Intermediate Major Minor - Intermediate Minor 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
Standard5.69965.71705.74205.75945.78445.80185.8268
Camarilla5.75525.75915.76305.76695.77085.77475.7786
Woodie5.70335.71895.74575.76135.78815.80375.8305
Fibonacci5.71705.73325.74325.75945.77565.78565.8018


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.55355.58995.63975.67615.72595.76235.8121
Camarilla5.66575.67365.68155.68945.69735.70525.7131
Woodie5.56015.59335.64635.67955.73255.76575.8187
Fibonacci5.58995.62295.64325.67615.70915.72945.7623


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.30715.44465.53675.67425.76635.90385.9959
Camarilla5.56565.58665.60775.62875.64985.67085.6918
Woodie5.28435.43335.51395.66295.74355.89255.9731
Fibonacci5.44465.53235.58655.67425.76195.81615.9038

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): 45.62
MACD (12,26,9): 0.0017
Directional Movement: 0.4184
AROON (14): -42.8571
DEMA (21): 5.7720
Parabolic SAR (0,02-0,02-0,2): 5.7851
Elder Ray (13): -0.0039
Super Trend (3,10): 5.7560
Zig ZAG (10): 5.7625
VORTEX (21): 0.9883
Stochastique (14,3,5): 12.70
TEMA (21): 5.7681
Williams %R (14): -82.52
Chande Momentum Oscillator (20): -0.0101
Repulse (5,40,3): -0.0757
ROCnROLL: -1
TRIX (15,9): 0.0108
Courbe Coppock: 0.01
MA7: 5.7268
MA20: 5.6763
MA50: 5.6862
MA100: 5.7633
MAexp7: 5.7686
MAexp20: 5.7683
MAexp50: 5.7582
MAexp100: 5.7412
Price / MA7: +0.84%
Price / MA20: +1.74%
Price / MA50: +1.56%
Price / MA100: +0.20%
Price / MAexp7: +0.11%
Price / MAexp20: +0.11%
Price / MAexp50: +0.29%
Price / MAexp100: +0.59%

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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