CAD/HKD - 1H - Technical analysis published on 06/03/2025 (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%
28%
50%
My opinion
Bullish above 5.7108 HKD
My targets
5.7274 HKD (+0.0085)
5.7357 HKD (+0.0168)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CAD/HKD as long as the price remains well above 5.7108 HKD. The buyers' bullish objective is set at 5.7274 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.7357 HKD. If there is any crossing, the next objective would be the resistance located at 5.7991 HKD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
4.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CAD/HKD rating 5.7189 HKD. The price is lower by -0.04% since the last closing and was between 5.7079 HKD and 5.7213 HKD. This implies that the price is at +0.19% from its lowest and at -0.04% from its highest.5.7079
5.7213
5.7189
Here is a more detailed summary of the historical variations registered by CAD/HKD:
Technical
Technical analysis of CAD/HKD in 1H shows a strongly overall bullish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 9 are neutral and 5 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 5.6699 | 5.6868 | 5.7108 | 5.7189 | 5.7274 | 5.7357 | 5.7991 |
| Change (%) | -0.86% | -0.56% | -0.14% | - | +0.15% | +0.29% | +1.40% |
| Change | -0.0490 | -0.0321 | -0.0081 | - | +0.0085 | +0.0168 | +0.0802 |
| Level | Major | Minor | Minor | - | Major | Intermediate | 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 | 5.6727 | 5.6881 | 5.7048 | 5.7202 | 5.7369 | 5.7523 | 5.7690 |
| Camarilla | 5.7126 | 5.7155 | 5.7185 | 5.7214 | 5.7243 | 5.7273 | 5.7302 |
| Woodie | 5.6733 | 5.6884 | 5.7054 | 5.7205 | 5.7375 | 5.7526 | 5.7696 |
| Fibonacci | 5.6881 | 5.7004 | 5.7080 | 5.7202 | 5.7325 | 5.7401 | 5.7523 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.5913 | 5.6223 | 5.6646 | 5.6956 | 5.7379 | 5.7689 | 5.8112 |
| Camarilla | 5.6868 | 5.6936 | 5.7003 | 5.7070 | 5.7137 | 5.7204 | 5.7272 |
| Woodie | 5.5971 | 5.6251 | 5.6704 | 5.6984 | 5.7437 | 5.7717 | 5.8170 |
| Fibonacci | 5.6223 | 5.6503 | 5.6676 | 5.6956 | 5.7236 | 5.7409 | 5.7689 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.4355 | 5.4976 | 5.6023 | 5.6644 | 5.7691 | 5.8312 | 5.9359 |
| Camarilla | 5.6611 | 5.6764 | 5.6917 | 5.7070 | 5.7223 | 5.7376 | 5.7529 |
| Woodie | 5.4568 | 5.5083 | 5.6236 | 5.6751 | 5.7904 | 5.8419 | 5.9572 |
| Fibonacci | 5.4976 | 5.5613 | 5.6007 | 5.6644 | 5.7281 | 5.7675 | 5.8312 |
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): | 47.33 | |
| MACD (12,26,9): | -0.0006 | |
| Directional Movement: | 0.9365 | |
| AROON (14): | -85.7143 | |
| DEMA (21): | 5.7155 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.7091 | |
| Elder Ray (13): | -0.0009 | |
| Super Trend (3,10): | 5.7104 | |
| Zig ZAG (10): | 5.7124 | |
| VORTEX (21): | 0.9141 | |
| Stochastique (14,3,5): | 28.55 | |
| TEMA (21): | 5.7111 | |
| Williams %R (14): | -65.65 | |
| Chande Momentum Oscillator (20): | -0.0058 | |
| Repulse (5,40,3): | 0.0369 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0004 | |
| Courbe Coppock: | 0.29 |
| MA7: | 5.6940 | |
| MA20: | 5.6401 | |
| MA50: | 5.5844 | |
| MA100: | 5.5045 | |
| MAexp7: | 5.7141 | |
| MAexp20: | 5.7156 | |
| MAexp50: | 5.7105 | |
| MAexp100: | 5.7000 | |
| Price / MA7: | +0.44% | |
| Price / MA20: | +1.40% | |
| Price / MA50: | +2.41% | |
| Price / MA100: | +3.89% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | +0.15% | |
| Price / MAexp100: | +0.33% |
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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