AUD/HKD - 1H - Technical analysis published on 03/24/2020 (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
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 4.5580 HKD
My targets
4.6883 HKD (+0.0729)
4.7271 HKD (+0.1117)
My analysis
AUD/HKD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 4.5580 HKD. The next resistance located at 4.6883 HKD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 4.7271 HKD. After this resistance, buyers could then target 4.8370 HKD.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.1
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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 4.6154 HKD. The price is lower by +1.27% since the last closing and was between 4.5514 HKD and 4.6340 HKD. This implies that the price is at +1.41% from its lowest and at -0.40% from its highest.4.5514
4.6340
4.6154
Here is a more detailed summary of the historical variations registered by AUD/HKD:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/HKD chart shows a bullish trend. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
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
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
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 | 4.2790 | 4.4361 | 4.5315 | 4.6154 | 4.6883 | 4.8986 | 4.9674 |
| Change (%) | -7.29% | -3.88% | -1.82% | - | +1.58% | +6.14% | +7.63% |
| Change | -0.3364 | -0.1793 | -0.0839 | - | +0.0729 | +0.2832 | +0.3520 |
| Level | Minor | Intermediate | Minor | - | Major | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.3315 | 4.3767 | 4.4671 | 4.5123 | 4.6027 | 4.6479 | 4.7383 |
| Camarilla | 4.5202 | 4.5326 | 4.5451 | 4.5575 | 4.5699 | 4.5824 | 4.5948 |
| Woodie | 4.3541 | 4.3880 | 4.4897 | 4.5236 | 4.6253 | 4.6592 | 4.7609 |
| Fibonacci | 4.3767 | 4.4285 | 4.4605 | 4.5123 | 4.5641 | 4.5961 | 4.6479 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.6078 | 3.9434 | 4.2224 | 4.5580 | 4.8370 | 5.1726 | 5.4516 |
| Camarilla | 4.3324 | 4.3887 | 4.4451 | 4.5014 | 4.5577 | 4.6141 | 4.6704 |
| Woodie | 3.5795 | 3.9293 | 4.1941 | 4.5439 | 4.8087 | 5.1585 | 5.4233 |
| Fibonacci | 3.9434 | 4.1782 | 4.3232 | 4.5580 | 4.7928 | 4.9378 | 5.1726 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.7271 | 4.8705 | 4.9725 | 5.1159 | 5.2179 | 5.3613 | 5.4633 |
| Camarilla | 5.0070 | 5.0295 | 5.0520 | 5.0745 | 5.0970 | 5.1195 | 5.1420 |
| Woodie | 4.7064 | 4.8602 | 4.9518 | 5.1056 | 5.1972 | 5.3510 | 5.4426 |
| Fibonacci | 4.8705 | 4.9642 | 5.0222 | 5.1159 | 5.2096 | 5.2676 | 5.3613 |
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): | 66.79 | |
| MACD (12,26,9): | 0.0312 | |
| Directional Movement: | 17.2939 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 4.5911 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.5308 | |
| Elder Ray (13): | 0.0489 | |
| Super Trend (3,10): | 4.5340 | |
| Zig ZAG (10): | 4.6160 | |
| VORTEX (21): | 1.2566 | |
| Stochastique (14,3,5): | 87.99 | |
| TEMA (21): | 4.6180 | |
| Williams %R (14): | -4.90 | |
| Chande Momentum Oscillator (20): | 0.1357 | |
| Repulse (5,40,3): | 0.7925 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0714 | |
| Courbe Coppock: | 4.65 |
| MA7: | 4.5751 | |
| MA20: | 4.8939 | |
| MA50: | 5.1014 | |
| MA100: | 5.2314 | |
| MAexp7: | 4.5956 | |
| MAexp20: | 4.5555 | |
| MAexp50: | 4.5300 | |
| MAexp100: | 4.5540 | |
| Price / MA7: | +0.88% | |
| Price / MA20: | -5.69% | |
| Price / MA50: | -9.53% | |
| Price / MA100: | -11.78% | |
| Price / MAexp7: | +0.43% | |
| Price / MAexp20: | +1.31% | |
| Price / MAexp50: | +1.89% | |
| Price / MAexp100: | +1.35% |
This member declared not having a position on this financial instrument or a related financial instrument.
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