AUD/HKD - 1H - Technical analysis published on 10/15/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
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
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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 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.
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:
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:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
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:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 5.6996 | 5.7170 | 5.7420 | 5.7594 | 5.7844 | 5.8018 | 5.8268 |
| Camarilla | 5.7552 | 5.7591 | 5.7630 | 5.7669 | 5.7708 | 5.7747 | 5.7786 |
| Woodie | 5.7033 | 5.7189 | 5.7457 | 5.7613 | 5.7881 | 5.8037 | 5.8305 |
| Fibonacci | 5.7170 | 5.7332 | 5.7432 | 5.7594 | 5.7756 | 5.7856 | 5.8018 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.5535 | 5.5899 | 5.6397 | 5.6761 | 5.7259 | 5.7623 | 5.8121 |
| Camarilla | 5.6657 | 5.6736 | 5.6815 | 5.6894 | 5.6973 | 5.7052 | 5.7131 |
| Woodie | 5.5601 | 5.5933 | 5.6463 | 5.6795 | 5.7325 | 5.7657 | 5.8187 |
| Fibonacci | 5.5899 | 5.6229 | 5.6432 | 5.6761 | 5.7091 | 5.7294 | 5.7623 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.3071 | 5.4446 | 5.5367 | 5.6742 | 5.7663 | 5.9038 | 5.9959 |
| Camarilla | 5.5656 | 5.5866 | 5.6077 | 5.6287 | 5.6498 | 5.6708 | 5.6918 |
| Woodie | 5.2843 | 5.4333 | 5.5139 | 5.6629 | 5.7435 | 5.8925 | 5.9731 |
| Fibonacci | 5.4446 | 5.5323 | 5.5865 | 5.6742 | 5.7619 | 5.8161 | 5.9038 |
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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