CAD/HKD - 1H - Technical analysis published on 05/22/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 5.6164 HKD
My targets
5.6696 HKD (+0.0222)
5.7274 HKD (+0.0800)
My analysis
The basic bullish trend is very strong on CAD/HKD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 5.6164 HKD. Crossing the first resistance at 5.6696 HKD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 5.7274 HKD as an objective. Crossing it would then enable buyers to target 5.8004 HKD. Caution, a return to below 5.6164 HKD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
4.6
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Additional analysis
Quotes
The CAD/HKD price is 5.6474 HKD. The price has increased by +0.00% since the last closing and was between 5.6430 HKD and 5.6506 HKD. This implies that the price is at +0.08% from its lowest and at -0.06% from its highest.5.6430
5.6506
5.6474
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CAD/HKD indicates that the overall trend is strongly bullish. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals 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 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
Pivot points : price is over resistance 2 (Daily)
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 2 (Weekly)
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2 (Monthly)
Type : Neutral
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:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near support of channel
Type : Bullish
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 | 5.5597 | 5.5758 | 5.6003 | 5.6474 | 5.6477 | 5.6696 | 5.7274 |
| Change (%) | -1.55% | -1.27% | -0.83% | - | +0.01% | +0.39% | +1.42% |
| Change | -0.0877 | -0.0716 | -0.0471 | - | +0.0003 | +0.0222 | +0.0800 |
| Level | Minor | Intermediate | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.5854 | 5.6067 | 5.6271 | 5.6484 | 5.6688 | 5.6901 | 5.7105 |
| Camarilla | 5.6361 | 5.6400 | 5.6438 | 5.6476 | 5.6514 | 5.6553 | 5.6591 |
| Woodie | 5.5851 | 5.6065 | 5.6268 | 5.6482 | 5.6685 | 5.6899 | 5.7102 |
| Fibonacci | 5.6067 | 5.6226 | 5.6324 | 5.6484 | 5.6643 | 5.6741 | 5.6901 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.5120 | 5.5358 | 5.5642 | 5.5880 | 5.6164 | 5.6402 | 5.6686 |
| Camarilla | 5.5782 | 5.5829 | 5.5877 | 5.5925 | 5.5973 | 5.6021 | 5.6069 |
| Woodie | 5.5142 | 5.5370 | 5.5664 | 5.5892 | 5.6186 | 5.6414 | 5.6708 |
| Fibonacci | 5.5358 | 5.5558 | 5.5681 | 5.5880 | 5.6080 | 5.6203 | 5.6402 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.2346 | 5.3162 | 5.4692 | 5.5508 | 5.7038 | 5.7854 | 5.9384 |
| Camarilla | 5.5578 | 5.5793 | 5.6008 | 5.6223 | 5.6438 | 5.6653 | 5.6868 |
| Woodie | 5.2704 | 5.3341 | 5.5050 | 5.5687 | 5.7396 | 5.8033 | 5.9742 |
| Fibonacci | 5.3162 | 5.4058 | 5.4612 | 5.5508 | 5.6404 | 5.6958 | 5.7854 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 54.19 | |
| MACD (12,26,9): | 0.0046 | |
| Directional Movement: | 4.1294 | |
| AROON (14): | 35.7143 | |
| DEMA (21): | 5.6541 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.6626 | |
| Elder Ray (13): | -0.0012 | |
| Super Trend (3,10): | 5.6631 | |
| Zig ZAG (10): | 5.6472 | |
| VORTEX (21): | 1.0870 | |
| Stochastique (14,3,5): | 27.06 | |
| TEMA (21): | 5.6517 | |
| Williams %R (14): | -86.09 | |
| Chande Momentum Oscillator (20): | -0.0089 | |
| Repulse (5,40,3): | -0.0171 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0179 | |
| Courbe Coppock: | 0.16 |
| MA7: | 5.6136 | |
| MA20: | 5.6061 | |
| MA50: | 5.5415 | |
| MA100: | 5.4816 | |
| MAexp7: | 5.6489 | |
| MAexp20: | 5.6467 | |
| MAexp50: | 5.6348 | |
| MAexp100: | 5.6218 | |
| Price / MA7: | +0.60% | |
| Price / MA20: | +0.74% | |
| Price / MA50: | +1.91% | |
| Price / MA100: | +3.02% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | +0.22% | |
| Price / MAexp100: | +0.46% |
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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