CAD/HKD - 1H - Technical analysis published on 03/01/2023 (GMT)
- 156
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
72%
0%
28%
My opinion
Neutral between 5.7592 HKD and 5.7927 HKD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on CAD/HKD. It is difficult to advise a trading direction under these conditions. The first support is located at 5.7592 HKD. The first resistance is located at 5.7927 HKD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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This analysis was given by nwbrown2. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAD/HKD price is 5.7688 HKD. The price registered an increase of +0.29% on the session and was between 5.7466 HKD and 5.7737 HKD. This implies that the price is at +0.39% from its lowest and at -0.08% from its highest.5.7466
5.7737
5.7688
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CAD/HKD chart shows a slightly bearish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 5.6580 | 5.7440 | 5.7592 | 5.7688 | 5.7927 | 5.8049 | 5.8351 |
| Change (%) | -1.92% | -0.43% | -0.17% | - | +0.41% | +0.63% | +1.15% |
| Change | -0.1108 | -0.0248 | -0.0096 | - | +0.0239 | +0.0361 | +0.0663 |
| Level | Major | Intermediate | Minor | - | 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 | 5.7021 | 5.7266 | 5.7393 | 5.7638 | 5.7765 | 5.8010 | 5.8137 |
| Camarilla | 5.7417 | 5.7451 | 5.7485 | 5.7519 | 5.7553 | 5.7587 | 5.7621 |
| Woodie | 5.6961 | 5.7237 | 5.7333 | 5.7609 | 5.7705 | 5.7981 | 5.8077 |
| Fibonacci | 5.7266 | 5.7408 | 5.7496 | 5.7638 | 5.7780 | 5.7868 | 5.8010 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.6380 | 5.6910 | 5.7293 | 5.7823 | 5.8206 | 5.8736 | 5.9119 |
| Camarilla | 5.7425 | 5.7509 | 5.7592 | 5.7676 | 5.7760 | 5.7843 | 5.7927 |
| Woodie | 5.6307 | 5.6873 | 5.7220 | 5.7786 | 5.8133 | 5.8699 | 5.9046 |
| Fibonacci | 5.6910 | 5.7259 | 5.7474 | 5.7823 | 5.8172 | 5.8387 | 5.8736 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.5222 | 5.6331 | 5.6925 | 5.8034 | 5.8628 | 5.9737 | 6.0331 |
| Camarilla | 5.7051 | 5.7207 | 5.7363 | 5.7519 | 5.7675 | 5.7831 | 5.7987 |
| Woodie | 5.4965 | 5.6202 | 5.6668 | 5.7905 | 5.8371 | 5.9608 | 6.0074 |
| Fibonacci | 5.6331 | 5.6982 | 5.7384 | 5.8034 | 5.8685 | 5.9087 | 5.9737 |
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): | 56.04 | |
| MACD (12,26,9): | -0.0016 | |
| Directional Movement: | 6.7919 | |
| AROON (14): | 57.1429 | |
| DEMA (21): | 5.7617 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.7524 | |
| Elder Ray (13): | 0.0049 | |
| Super Trend (3,10): | 5.7510 | |
| Zig ZAG (10): | 5.7696 | |
| VORTEX (21): | 0.8565 | |
| Stochastique (14,3,5): | 92.70 | |
| TEMA (21): | 5.7627 | |
| Williams %R (14): | -8.86 | |
| Chande Momentum Oscillator (20): | 0.0186 | |
| Repulse (5,40,3): | 0.1804 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0101 | |
| Courbe Coppock: | 0.04 |
| MA7: | 5.7785 | |
| MA20: | 5.8276 | |
| MA50: | 5.8168 | |
| MA100: | 5.7944 | |
| MAexp7: | 5.7650 | |
| MAexp20: | 5.7646 | |
| MAexp50: | 5.7693 | |
| MAexp100: | 5.7774 | |
| Price / MA7: | -0.17% | |
| Price / MA20: | -1.01% | |
| Price / MA50: | -0.83% | |
| Price / MA100: | -0.44% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | -0.01% | |
| Price / MAexp100: | -0.15% |
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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