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

CHF/HKD - 1H - Technical analysis published on 12/30/2022 (GMT)

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  • Timeframe : 1H
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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

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

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard8.33158.36108.40308.43258.47458.50408.5460
Camarilla8.42548.43208.43868.44518.45178.45828.4648
Woodie8.33798.36418.40948.43568.48098.50718.5524
Fibonacci8.36108.38838.40528.43258.45988.47678.5040


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.18938.25718.31098.37878.43258.50038.5541
Camarilla8.33148.34258.35378.36488.37608.38718.3982
Woodie8.18248.25368.30408.37528.42568.49688.5472
Fibonacci8.25718.30358.33228.37878.42518.45388.5003


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.25597.49587.88248.12238.50898.74889.1354
Camarilla8.09668.15408.21158.26898.32638.38388.4412
Woodie7.32927.53257.95578.15908.58228.78559.2087
Fibonacci7.49587.73527.88308.12238.36178.50958.7488

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.

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