AUD/HKD - 1H - Technical analysis published on 01/17/2022 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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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:
Bearish
Underlying:
Bearish
Technical indicators
67%
6%
28%
My opinion
Bearish under 5.6289 HKD
My targets
5.5885 HKD (-0.0308)
5.5729 HKD (-0.0464)
My analysis
There is a bearish trend on AUD/HKD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 5.6289 HKD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 5.5885 HKD. Then the price could move towards 5.5729 HKD. Then 5.5618 HKD by extension. Be careful, a return to above the resistance 5.6289 HKD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
1.6
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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 5.6193 HKD. On the day, this instrument gained +0.12% with the lowest point at 5.6034 HKD and the highest point at 5.6209 HKD. The deviation from the price is +0.28% for the low point and -0.03% for the high point.5.6034
5.6209
5.6193
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/HKD indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near support of channel
Type : Bullish
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 | 5.5729 | 5.5885 | 5.6157 | 5.6193 | 5.6289 | 5.6683 | 5.6974 |
| Change (%) | -0.83% | -0.55% | -0.06% | - | +0.17% | +0.87% | +1.39% |
| Change | -0.0464 | -0.0308 | -0.0036 | - | +0.0096 | +0.0490 | +0.0781 |
| Level | Intermediate | Major | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.5091 | 5.5562 | 5.5845 | 5.6316 | 5.6599 | 5.7070 | 5.7353 |
| Camarilla | 5.5921 | 5.5990 | 5.6059 | 5.6128 | 5.6197 | 5.6266 | 5.6335 |
| Woodie | 5.4997 | 5.5515 | 5.5751 | 5.6269 | 5.6505 | 5.7023 | 5.7259 |
| Fibonacci | 5.5562 | 5.5850 | 5.6028 | 5.6316 | 5.6604 | 5.6782 | 5.7070 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.4333 | 5.5032 | 5.5580 | 5.6279 | 5.6827 | 5.7526 | 5.8074 |
| Camarilla | 5.5785 | 5.5899 | 5.6014 | 5.6128 | 5.6242 | 5.6357 | 5.6471 |
| Woodie | 5.4258 | 5.4994 | 5.5505 | 5.6241 | 5.6752 | 5.7488 | 5.7999 |
| Fibonacci | 5.5032 | 5.5508 | 5.5803 | 5.6279 | 5.6755 | 5.7050 | 5.7526 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.2987 | 5.3755 | 5.5214 | 5.5982 | 5.7441 | 5.8209 | 5.9668 |
| Camarilla | 5.6061 | 5.6265 | 5.6469 | 5.6673 | 5.6877 | 5.7081 | 5.7285 |
| Woodie | 5.3333 | 5.3928 | 5.5560 | 5.6155 | 5.7787 | 5.8382 | 6.0014 |
| Fibonacci | 5.3755 | 5.4606 | 5.5131 | 5.5982 | 5.6833 | 5.7358 | 5.8209 |
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): | 44.82 | |
| MACD (12,26,9): | -0.0098 | |
| Directional Movement: | -9.2725 | |
| AROON (14): | 28.5714 | |
| DEMA (21): | 5.6074 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.6050 | |
| Elder Ray (13): | 0.0032 | |
| Super Trend (3,10): | 5.6344 | |
| Zig ZAG (10): | 5.6201 | |
| VORTEX (21): | 0.8203 | |
| Stochastique (14,3,5): | 72.81 | |
| TEMA (21): | 5.6065 | |
| Williams %R (14): | -0.57 | |
| Chande Momentum Oscillator (20): | 0.0031 | |
| Repulse (5,40,3): | 0.1600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0338 | |
| Courbe Coppock: | 0.29 |
| MA7: | 5.6278 | |
| MA20: | 5.6298 | |
| MA50: | 5.6140 | |
| MA100: | 5.6734 | |
| MAexp7: | 5.6153 | |
| MAexp20: | 5.6216 | |
| MAexp50: | 5.6366 | |
| MAexp100: | 5.6378 | |
| Price / MA7: | -0.15% | |
| Price / MA20: | -0.19% | |
| Price / MA50: | +0.09% | |
| Price / MA100: | -0.95% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -0.31% | |
| Price / MAexp100: | -0.33% |
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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