CAD/HKD
CAD HKD
- HKD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CADHKD
ISIN:

CAD/HKD - 1H - Technical analysis published on 01/02/2025 (GMT)

  • 108
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bearish
Technical indicators
44%
28%
28%
My opinion
Neutral between 5.3900 HKD and 5.4066 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 5.3900 HKD. The first resistance is located at 5.4066 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 neutral in the very short term 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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

CAD/HKD rating 5.3988 HKD. The price registered a decrease of -0.09% on the session and was traded between 5.3847 HKD and 5.4094 HKD over the period. The price is currently at +0.26% from its lowest and -0.20% from its highest.

5.3847
5.4094
5.3988

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


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 bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



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:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel 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


S3S2S1PriceR1R2R3
ProTrendLines 5.3719 5.3784 5.3900 5.3988 5.3993 5.4066 5.4113
Change (%) -0.50% -0.38% -0.16% - +0.01% +0.14% +0.23%
Change -0.0269 -0.0204 -0.0088 - +0.0005 +0.0078 +0.0125
Level Intermediate Minor Intermediate - Intermediate Minor Intermediate



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
Standard5.39365.39605.39995.40235.40625.40865.4125
Camarilla5.40205.40265.40315.40375.40435.40495.4054
Woodie5.39435.39645.40065.40275.40695.40905.4132
Fibonacci5.39605.39845.39995.40235.40475.40625.4086


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.32265.34735.36725.39195.41185.43655.4564
Camarilla5.37495.37905.38315.38725.39135.39545.3995
Woodie5.32035.34615.36495.39075.40955.43535.4541
Fibonacci5.34735.36435.37485.39195.40895.41945.4365


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.13445.25325.32675.44555.51905.63785.7113
Camarilla5.34745.36515.38275.40035.41795.43565.4532
Woodie5.11195.24195.30425.43425.49655.62655.6888
Fibonacci5.25325.32665.37205.44555.51895.56435.6378

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): 49.16
MACD (12,26,9): -0.0026
Directional Movement: -2.3008
AROON (14): -78.5714
DEMA (21): 5.3939
Parabolic SAR (0,02-0,02-0,2): 5.3847
Elder Ray (13): 0.0023
Super Trend (3,10): 5.4046
Zig ZAG (10): 5.3973
VORTEX (21): 0.9198
Stochastique (14,3,5): 37.10
TEMA (21): 5.3921
Williams %R (14): -42.92
Chande Momentum Oscillator (20): -0.0096
Repulse (5,40,3): 0.2081
ROCnROLL: 1
TRIX (15,9): -0.0052
Courbe Coppock: 0.47
MA7: 5.4004
MA20: 5.4358
MA50: 5.5152
MA100: 5.6191
MAexp7: 5.3946
MAexp20: 5.3970
MAexp50: 5.3989
MAexp100: 5.3990
Price / MA7: -0.03%
Price / MA20: -0.68%
Price / MA50: -2.11%
Price / MA100: -3.92%
Price / MAexp7: +0.08%
Price / MAexp20: +0.03%
Price / MAexp50: +0.00%
Price / MAexp100: +0.00%

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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