AUD/HKD - 1H - Technical analysis published on 12/26/2022 (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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 5.2046 HKD
My targets
5.2737 HKD (+0.0289)
5.3065 HKD (+0.0617)
My analysis
The bullish trend is currently very strong on AUD/HKD. As long as the price remains above the support at 5.2046 HKD, you could try to benefit from the boom. The first bullish objective is located at 5.2737 HKD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 5.3065 HKD as an objective. Crossing it would then enable buyers to target 5.3472 HKD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, 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
7.7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/HKD price is 5.2448 HKD. On the day, this instrument lost -0.01% with the lowest point at 5.2184 HKD and the highest point at 5.2476 HKD. The deviation from the price is +0.51% for the low point and -0.05% for the high point.5.2184
5.2476
5.2448
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on AUD/HKD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
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. This strongly bullish trend is supported by the strong bullish signals 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, 14 technical indicators on 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
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.0480 | 5.1597 | 5.2046 | 5.2448 | 5.2491 | 5.2737 | 5.3065 |
| Change (%) | -3.75% | -1.62% | -0.77% | - | +0.08% | +0.55% | +1.18% |
| Change | -0.1968 | -0.0851 | -0.0402 | - | +0.0043 | +0.0289 | +0.0617 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Minor |
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 | 5.1536 | 5.1731 | 5.2091 | 5.2286 | 5.2646 | 5.2841 | 5.3201 |
| Camarilla | 5.2298 | 5.2349 | 5.2400 | 5.2451 | 5.2502 | 5.2553 | 5.2604 |
| Woodie | 5.1619 | 5.1772 | 5.2174 | 5.2327 | 5.2729 | 5.2882 | 5.3284 |
| Fibonacci | 5.1731 | 5.1943 | 5.2074 | 5.2286 | 5.2498 | 5.2629 | 5.2841 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.0646 | 5.1122 | 5.1786 | 5.2262 | 5.2926 | 5.3402 | 5.4066 |
| Camarilla | 5.2138 | 5.2242 | 5.2347 | 5.2451 | 5.2556 | 5.2660 | 5.2765 |
| Woodie | 5.0741 | 5.1169 | 5.1881 | 5.2309 | 5.3021 | 5.3449 | 5.4161 |
| Fibonacci | 5.1122 | 5.1557 | 5.1826 | 5.2262 | 5.2697 | 5.2966 | 5.3402 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.6509 | 4.7871 | 5.0472 | 5.1834 | 5.4435 | 5.5797 | 5.8398 |
| Camarilla | 5.1984 | 5.2348 | 5.2711 | 5.3074 | 5.3437 | 5.3801 | 5.4164 |
| Woodie | 4.7130 | 4.8181 | 5.1093 | 5.2144 | 5.5056 | 5.6107 | 5.9019 |
| Fibonacci | 4.7871 | 4.9385 | 5.0320 | 5.1834 | 5.3348 | 5.4283 | 5.5797 |
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): | 60.76 | |
| MACD (12,26,9): | 0.0043 | |
| Directional Movement: | 7.2704 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 5.2391 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.2196 | |
| Elder Ray (13): | 0.0064 | |
| Super Trend (3,10): | 5.2100 | |
| Zig ZAG (10): | 5.2456 | |
| VORTEX (21): | 1.0640 | |
| Stochastique (14,3,5): | 85.60 | |
| TEMA (21): | 5.2412 | |
| Williams %R (14): | -9.25 | |
| Chande Momentum Oscillator (20): | 0.0079 | |
| Repulse (5,40,3): | 0.2320 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0106 | |
| Courbe Coppock: | 0.16 |
| MA7: | 5.2225 | |
| MA20: | 5.2507 | |
| MA50: | 5.1672 | |
| MA100: | 5.2120 | |
| MAexp7: | 5.2386 | |
| MAexp20: | 5.2338 | |
| MAexp50: | 5.2283 | |
| MAexp100: | 5.2267 | |
| Price / MA7: | +0.43% | |
| Price / MA20: | -0.11% | |
| Price / MA50: | +1.50% | |
| Price / MA100: | +0.63% | |
| Price / MAexp7: | +0.12% | |
| Price / MAexp20: | +0.21% | |
| Price / MAexp50: | +0.32% | |
| Price / MAexp100: | +0.35% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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