GBP/HKD - 15 min. - Technical analysis published on 05/14/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
50%
6%
44%
My opinion
Neutral between 10.908 HKD and 10.937 HKD
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 10.937 HKD. The first support is located at 10.908 HKD. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by GBP/HKD.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/HKD price is 10.918 HKD. The price has increased by +0.06% since the last closing and was between 10.902 HKD and 10.921 HKD. This implies that the price is at +0.15% from its lowest and at -0.03% from its highest.10.902
10.921
10.918
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of GBP/HKD indicates that the overall trend is not clearly defined. This indecision could turn into a bullish trend due to the bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of triangle is broken
Type : Bearish
Timeframe : 15 minutes
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish engulfing lines
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.789 | 10.819 | 10.879 | 10.918 | 10.923 | 10.970 | 11.004 |
| Change (%) | -1.18% | -0.91% | -0.36% | - | +0.05% | +0.48% | +0.79% |
| Change | -0.129 | -0.099 | -0.039 | - | +0.005 | +0.052 | +0.086 |
| Level | Minor | Intermediate | Minor | - | Major | Major | Major |
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 | 10.827 | 10.853 | 10.882 | 10.908 | 10.937 | 10.963 | 10.992 |
| Camarilla | 10.896 | 10.901 | 10.906 | 10.911 | 10.916 | 10.921 | 10.926 |
| Woodie | 10.829 | 10.854 | 10.884 | 10.909 | 10.939 | 10.964 | 10.994 |
| Fibonacci | 10.853 | 10.874 | 10.887 | 10.908 | 10.929 | 10.942 | 10.963 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.606 | 10.662 | 10.763 | 10.819 | 10.920 | 10.976 | 11.077 |
| Camarilla | 10.820 | 10.834 | 10.849 | 10.863 | 10.877 | 10.892 | 10.906 |
| Woodie | 10.628 | 10.673 | 10.785 | 10.830 | 10.942 | 10.987 | 11.099 |
| Fibonacci | 10.662 | 10.722 | 10.759 | 10.819 | 10.879 | 10.916 | 10.976 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.368 | 10.500 | 10.616 | 10.748 | 10.864 | 10.996 | 11.112 |
| Camarilla | 10.665 | 10.688 | 10.710 | 10.733 | 10.756 | 10.779 | 10.801 |
| Woodie | 10.361 | 10.496 | 10.609 | 10.744 | 10.857 | 10.992 | 11.105 |
| Fibonacci | 10.500 | 10.594 | 10.653 | 10.748 | 10.842 | 10.901 | 10.996 |
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): | 45.80 | |
| MACD (12,26,9): | 0.0010 | |
| Directional Movement: | 1.068 | |
| AROON (14): | 92.857 | |
| DEMA (21): | 10.911 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.917 | |
| Elder Ray (13): | -0.002 | |
| Super Trend (3,10): | 10.902 | |
| Zig ZAG (10): | 10.908 | |
| VORTEX (21): | 0.9890 | |
| Stochastique (14,3,5): | 50.55 | |
| TEMA (21): | 10.911 | |
| Williams %R (14): | -53.85 | |
| Chande Momentum Oscillator (20): | 0.006 | |
| Repulse (5,40,3): | 0.0080 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.08 |
| MA7: | 10.909 | |
| MA20: | 10.836 | |
| MA50: | 10.779 | |
| MA100: | 10.721 | |
| MAexp7: | 10.914 | |
| MAexp20: | 10.910 | |
| MAexp50: | 10.910 | |
| MAexp100: | 10.913 | |
| Price / MA7: | +0.08% | |
| Price / MA20: | +0.76% | |
| Price / MA50: | +1.29% | |
| Price / MA100: | +1.84% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | +0.05% |
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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