CHF/HKD - 1H - Technical analysis published on 12/28/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 8.3736 HKD
My targets
8.4129 HKD (+0.0205)
8.4267 HKD (+0.0343)
My analysis
CHF/HKD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 8.3736 HKD. The next resistance located at 8.4129 HKD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 8.4267 HKD. After this resistance, buyers could then target 8.4464 HKD.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/HKD rating is 8.3924 HKD. The price registered an increase of +0.00% on the session and was between 8.3697 HKD and 8.4294 HKD. This implies that the price is at +0.27% from its lowest and at -0.44% from its highest.8.3697
8.4294
8.3924
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of CHF/HKD in 1H shows an overall bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently 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, 14 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
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
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 8.3513 | 8.3736 | 8.3901 | 8.3924 | 8.4129 | 8.4267 | 8.4464 |
| Change (%) | -0.49% | -0.22% | -0.03% | - | +0.24% | +0.41% | +0.64% |
| Change | -0.0411 | -0.0188 | -0.0023 | - | +0.0205 | +0.0343 | +0.0540 |
| Level | Minor | Minor | Minor | - | Major | Minor | Intermediate |
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 | 8.3232 | 8.3461 | 8.3694 | 8.3923 | 8.4156 | 8.4385 | 8.4618 |
| Camarilla | 8.3799 | 8.3841 | 8.3884 | 8.3926 | 8.3968 | 8.4011 | 8.4053 |
| Woodie | 8.3233 | 8.3462 | 8.3695 | 8.3924 | 8.4157 | 8.4386 | 8.4619 |
| Fibonacci | 8.3461 | 8.3638 | 8.3747 | 8.3923 | 8.4100 | 8.4209 | 8.4385 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.1893 | 8.2571 | 8.3109 | 8.3787 | 8.4325 | 8.5003 | 8.5541 |
| Camarilla | 8.3314 | 8.3425 | 8.3537 | 8.3648 | 8.3760 | 8.3871 | 8.3982 |
| Woodie | 8.1824 | 8.2536 | 8.3040 | 8.3752 | 8.4256 | 8.4968 | 8.5472 |
| Fibonacci | 8.2571 | 8.3035 | 8.3322 | 8.3787 | 8.4251 | 8.4538 | 8.5003 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.2559 | 7.4958 | 7.8824 | 8.1223 | 8.5089 | 8.7488 | 9.1354 |
| Camarilla | 8.0966 | 8.1540 | 8.2115 | 8.2689 | 8.3263 | 8.3838 | 8.4412 |
| Woodie | 7.3292 | 7.5325 | 7.9557 | 8.1590 | 8.5822 | 8.7855 | 9.2087 |
| Fibonacci | 7.4958 | 7.7352 | 7.8830 | 8.1223 | 8.3617 | 8.5095 | 8.7488 |
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): | 58.91 | |
| MACD (12,26,9): | 0.0069 | |
| Directional Movement: | 12.8084 | |
| AROON (14): | 71.4286 | |
| DEMA (21): | 8.3942 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.3716 | |
| Elder Ray (13): | 0.0154 | |
| Super Trend (3,10): | 8.3671 | |
| Zig ZAG (10): | 8.3978 | |
| VORTEX (21): | 1.0848 | |
| Stochastique (14,3,5): | 85.16 | |
| TEMA (21): | 8.3992 | |
| Williams %R (14): | -38.87 | |
| Chande Momentum Oscillator (20): | 0.0202 | |
| Repulse (5,40,3): | 0.0072 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0075 | |
| Courbe Coppock: | 0.44 |
| MA7: | 8.3863 | |
| MA20: | 8.3415 | |
| MA50: | 8.1649 | |
| MA100: | 8.1143 | |
| MAexp7: | 8.3951 | |
| MAexp20: | 8.3875 | |
| MAexp50: | 8.3821 | |
| MAexp100: | 8.3825 | |
| Price / MA7: | +0.07% | |
| Price / MA20: | +0.61% | |
| Price / MA50: | +2.79% | |
| Price / MA100: | +3.43% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | +0.12% | |
| Price / MAexp100: | +0.12% |
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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