CAD/HKD - 1H - Technical analysis published on 05/04/2021 (GMT)
- 300
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
22%
44%
33%
My opinion
Neutral between 6.3026 HKD and 6.3301 HKD
My targets
-
My analysis
The short-term decline on CAD/HKD remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 6.3026 HKD. The first resistance is located at 6.3301 HKD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAD/HKD rating is 6.3173 HKD. On the day, this instrument lost -0.10% and was traded between 6.3149 HKD and 6.3260 HKD over the period. The price is currently at +0.04% from its lowest and -0.14% from its highest.6.3149
6.3260
6.3173
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 CAD/HKD:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CAD/HKD indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.2224 | 6.2599 | 6.3026 | 6.3173 | 6.3301 | 6.4561 | 6.9062 |
| Change (%) | -1.50% | -0.91% | -0.23% | - | +0.20% | +2.20% | +9.32% |
| Change | -0.0949 | -0.0574 | -0.0147 | - | +0.0128 | +0.1388 | +0.5889 |
| Level | Minor | Major | Intermediate | - | Intermediate | Major | 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 | 6.2841 | 6.2950 | 6.3095 | 6.3204 | 6.3349 | 6.3458 | 6.3603 |
| Camarilla | 6.3169 | 6.3192 | 6.3216 | 6.3239 | 6.3262 | 6.3286 | 6.3309 |
| Woodie | 6.2858 | 6.2959 | 6.3112 | 6.3213 | 6.3366 | 6.3467 | 6.3620 |
| Fibonacci | 6.2950 | 6.3047 | 6.3107 | 6.3204 | 6.3301 | 6.3361 | 6.3458 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.1295 | 6.1714 | 6.2463 | 6.2882 | 6.3631 | 6.4050 | 6.4799 |
| Camarilla | 6.2890 | 6.2997 | 6.3104 | 6.3211 | 6.3318 | 6.3425 | 6.3532 |
| Woodie | 6.1459 | 6.1797 | 6.2627 | 6.2965 | 6.3795 | 6.4133 | 6.4963 |
| Fibonacci | 6.1714 | 6.2161 | 6.2436 | 6.2882 | 6.3329 | 6.3604 | 6.4050 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.9991 | 6.0672 | 6.1941 | 6.2622 | 6.3891 | 6.4572 | 6.5841 |
| Camarilla | 6.2675 | 6.2854 | 6.3032 | 6.3211 | 6.3390 | 6.3569 | 6.3747 |
| Woodie | 6.0286 | 6.0819 | 6.2236 | 6.2769 | 6.4186 | 6.4719 | 6.6136 |
| Fibonacci | 6.0672 | 6.1417 | 6.1877 | 6.2622 | 6.3367 | 6.3827 | 6.4572 |
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): | 46.92 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -11.1970 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 6.3214 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.3149 | |
| Elder Ray (13): | -0.0037 | |
| Super Trend (3,10): | 6.3094 | |
| Zig ZAG (10): | 6.3187 | |
| VORTEX (21): | 1.0352 | |
| Stochastique (14,3,5): | 16.60 | |
| TEMA (21): | 6.3202 | |
| Williams %R (14): | -76.97 | |
| Chande Momentum Oscillator (20): | -0.0089 | |
| Repulse (5,40,3): | -0.0037 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0013 | |
| Courbe Coppock: | 0.10 |
| MA7: | 6.3022 | |
| MA20: | 6.2334 | |
| MA50: | 6.1987 | |
| MA100: | 6.1431 | |
| MAexp7: | 6.3196 | |
| MAexp20: | 6.3214 | |
| MAexp50: | 6.3186 | |
| MAexp100: | 6.3056 | |
| Price / MA7: | +0.24% | |
| Price / MA20: | +1.35% | |
| Price / MA50: | +1.91% | |
| Price / MA100: | +2.84% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | -0.02% | |
| Price / MAexp100: | +0.19% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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