CHF/HKD - 1H - Technical analysis published on 12/30/2022 (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
89%
0%
11%
My opinion
Bullish above 8.4153 HKD
My targets
8.4616 HKD (+0.0179)
8.4813 HKD (+0.0376)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CHF/HKD as long as the price remains well above 8.4153 HKD. The buyers' bullish objective is set at 8.4616 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8.4813 HKD. If there is any crossing, the next objective would be the resistance located at 8.6747 HKD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CHF/HKD rating 8.4437 HKD. The price is lower by -0.02% since the last closing and was traded between 8.4138 HKD and 8.4722 HKD over the period. The price is currently at +0.36% from its lowest and -0.34% from its highest.8.4138
8.4722
8.4437
Here is a more detailed summary of the historical variations registered by CHF/HKD:
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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 8.3693 | 8.3901 | 8.4153 | 8.4437 | 8.4466 | 8.4616 | 8.4813 |
Change (%) | -0.88% | -0.63% | -0.34% | - | +0.03% | +0.21% | +0.45% |
Change | -0.0744 | -0.0536 | -0.0284 | - | +0.0029 | +0.0179 | +0.0376 |
Level | Intermediate | Intermediate | Minor | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 8.3315 | 8.3610 | 8.4030 | 8.4325 | 8.4745 | 8.5040 | 8.5460 |
Camarilla | 8.4254 | 8.4320 | 8.4386 | 8.4451 | 8.4517 | 8.4582 | 8.4648 |
Woodie | 8.3379 | 8.3641 | 8.4094 | 8.4356 | 8.4809 | 8.5071 | 8.5524 |
Fibonacci | 8.3610 | 8.3883 | 8.4052 | 8.4325 | 8.4598 | 8.4767 | 8.5040 |
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 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): | 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: | +0.68% | |
Price / MA20: | +1.23% | |
Price / MA50: | +3.41% | |
Price / MA100: | +4.06% | |
Price / MAexp7: | +0.57% | |
Price / MAexp20: | +0.66% | |
Price / MAexp50: | +0.73% | |
Price / MAexp100: | +0.72% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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