AUD/HKD - 1H - Technical analysis published on 08/18/2023 (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:
Bearish
Underlying:
Strongly bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 5.0463 HKD
My targets
5.0051 HKD (-0.0105)
4.9400 HKD (-0.0756)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/HKD as long as the price remains well below 5.0463 HKD. The next bearish objective for sellers is set at 5.0051 HKD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.9400 HKD. If there is any crossing, the next objective would be the support located at 4.8696 HKD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.4
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/HKD rating is 5.0156 HKD. On the day, this instrument gained +0.00% with the lowest point at 5.0140 HKD and the highest point at 5.0157 HKD. The deviation from the price is +0.03% for the low point and +0.00% for the high point.5.0140
5.0157
5.0156
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
Here is a more detailed summary of the historical variations registered by AUD/HKD:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/HKD indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 8 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 4.4583 | 4.8696 | 5.0156 | 5.0463 | 5.0912 | 5.1354 |
| Change (%) | -11.11% | -2.91% | - | +0.61% | +1.51% | +2.39% |
| Change | -0.5573 | -0.1460 | - | +0.0307 | +0.0756 | +0.1198 |
| Level | Major | Intermediate | - | Intermediate | Major | 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 | 4.9196 | 4.9521 | 4.9838 | 5.0163 | 5.0480 | 5.0805 | 5.1122 |
| Camarilla | 4.9980 | 5.0038 | 5.0097 | 5.0156 | 5.0215 | 5.0274 | 5.0333 |
| Woodie | 4.9193 | 4.9519 | 4.9835 | 5.0161 | 5.0477 | 5.0803 | 5.1119 |
| Fibonacci | 4.9521 | 4.9766 | 4.9917 | 5.0163 | 5.0408 | 5.0559 | 5.0805 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.9400 | 5.0051 | 5.0416 | 5.1067 | 5.1432 | 5.2083 | 5.2448 |
| Camarilla | 5.0502 | 5.0595 | 5.0688 | 5.0781 | 5.0874 | 5.0967 | 5.1060 |
| Woodie | 4.9257 | 4.9980 | 5.0273 | 5.0996 | 5.1289 | 5.2012 | 5.2305 |
| Fibonacci | 5.0051 | 5.0439 | 5.0679 | 5.1067 | 5.1455 | 5.1695 | 5.2083 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.9031 | 5.0322 | 5.1346 | 5.2637 | 5.3661 | 5.4952 | 5.5976 |
| Camarilla | 5.1734 | 5.1947 | 5.2159 | 5.2371 | 5.2583 | 5.2795 | 5.3008 |
| Woodie | 4.8899 | 5.0255 | 5.1214 | 5.2570 | 5.3529 | 5.4885 | 5.5844 |
| Fibonacci | 5.0322 | 5.1206 | 5.1752 | 5.2637 | 5.3521 | 5.4067 | 5.4952 |
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): | 45.90 | |
| MACD (12,26,9): | -0.0043 | |
| Directional Movement: | -4.5856 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 5.0127 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.0404 | |
| Elder Ray (13): | -0.0018 | |
| Super Trend (3,10): | 5.0012 | |
| Zig ZAG (10): | 5.0166 | |
| VORTEX (21): | 1.0963 | |
| Stochastique (14,3,5): | 19.50 | |
| TEMA (21): | 5.0149 | |
| Williams %R (14): | -77.35 | |
| Chande Momentum Oscillator (20): | -0.0195 | |
| Repulse (5,40,3): | 0.0570 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0124 | |
| Courbe Coppock: | 0.04 |
| MA7: | 5.0637 | |
| MA20: | 5.1475 | |
| MA50: | 5.2257 | |
| MA100: | 5.2252 | |
| MAexp7: | 5.0155 | |
| MAexp20: | 5.0189 | |
| MAexp50: | 5.0303 | |
| MAexp100: | 5.0475 | |
| Price / MA7: | -0.95% | |
| Price / MA20: | -2.56% | |
| Price / MA50: | -4.02% | |
| Price / MA100: | -4.01% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | -0.29% | |
| Price / MAexp100: | -0.63% |
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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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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