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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 01/15/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 8.5275 HKD
My targets
8.5673 HKD (+0.0225)
8.6282 HKD (+0.0834)
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 8.5275 HKD. The next resistance located at 8.5673 HKD is the next bullish objective 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 8.6282 HKD. After this resistance, buyers could then target 8.7046 HKD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.6

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.

hsokkar
This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

CHF/HKD rating 8.5448 HKD. The price has increased by +0.13% since the last closing with the lowest point at 8.5304 HKD and the highest point at 8.5748 HKD. The deviation from the price is +0.17% for the low point and -0.35% for the high point.

8.5304
8.5748
8.5448

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of CHF/HKD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 7 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Black hanging man / hammer

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 8.4896 8.5068 8.5275 8.5448 8.5506 8.5673 8.6282
Change (%) -0.65% -0.44% -0.20% - +0.07% +0.26% +0.98%
Change -0.0552 -0.0380 -0.0173 - +0.0058 +0.0225 +0.0834
Level Major Minor Intermediate - Minor Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.44418.46558.49958.52098.55498.57638.6103
Camarilla8.51848.52348.52858.53368.53878.54388.5488
Woodie8.45058.46878.50598.52418.56138.57958.6167
Fibonacci8.46558.48668.49978.52098.54208.55518.5763


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.28288.37838.43728.53278.59168.68718.7460
Camarilla8.45368.46788.48208.49618.51038.52448.5386
Woodie8.26458.36928.41898.52368.57338.67808.7277
Fibonacci8.37838.43738.47378.53278.59178.62818.6871


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.09398.32438.44278.67318.79159.02199.1403
Camarilla8.46528.49728.52918.56118.59318.62518.6570
Woodie8.03798.29638.38678.64518.73558.99399.0843
Fibonacci8.32438.45758.53998.67318.80638.88879.0219

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 54.10
MACD (12,26,9): 0.0087
Directional Movement: 21.6775
AROON (14): 78.5714
DEMA (21): 8.5502
Parabolic SAR (0,02-0,02-0,2): 8.5348
Elder Ray (13): 0.0016
Super Trend (3,10): 8.5203
Zig ZAG (10): 8.5472
VORTEX (21): 1.1040
Stochastique (14,3,5): 50.38
TEMA (21): 8.5514
Williams %R (14): -62.16
Chande Momentum Oscillator (20): 0.0075
Repulse (5,40,3): 0.0263
ROCnROLL: 1
TRIX (15,9): 0.0165
Courbe Coppock: 0.30
MA7: 8.5290
MA20: 8.5862
MA50: 8.7184
MA100: 8.9143
MAexp7: 8.5470
MAexp20: 8.5373
MAexp50: 8.5238
MAexp100: 8.5213
Price / MA7: +0.19%
Price / MA20: -0.48%
Price / MA50: -1.99%
Price / MA100: -4.15%
Price / MAexp7: -0.03%
Price / MAexp20: +0.09%
Price / MAexp50: +0.25%
Price / MAexp100: +0.28%

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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Londinia
Londinia AI

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