JPY/HKD - 1H - Technical analysis published on 11/22/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
56%
17%
28%
My opinion
Bearish under 0.05522 HKD
My targets
0.05485 HKD (-0.00027)
0.05437 HKD (-0.00075)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on JPY/HKD. As long as you are under the resistance located at 0.05522 HKD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.05485 HKD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.05437 HKD as an objective. Crossing it would then enable sellers to target 0.05374 HKD. If the resistance 0.05522 HKD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
2
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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 JPY/HKD rating is 0.05512 HKD. On the day, this instrument gained +0.36% with the lowest point at 0.05487 HKD and the highest point at 0.05513 HKD. The deviation from the price is +0.46% for the low point and -0.02% for the high point.0.05487
0.05513
0.05512
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of JPY/HKD indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
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:
Support of channel is broken
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 | 0.05374 | 0.05437 | 0.05485 | 0.05512 | 0.05522 | 0.05568 | 0.05602 |
| Change (%) | -2.50% | -1.36% | -0.49% | - | +0.18% | +1.02% | +1.63% |
| Change | -0.00138 | -0.00075 | -0.00027 | - | +0.00010 | +0.00056 | +0.00090 |
| Level | Minor | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.05362 | 0.05423 | 0.05458 | 0.05519 | 0.05554 | 0.05615 | 0.05650 |
| Camarilla | 0.05466 | 0.05474 | 0.05483 | 0.05492 | 0.05501 | 0.05510 | 0.05518 |
| Woodie | 0.05348 | 0.05417 | 0.05444 | 0.05513 | 0.05540 | 0.05609 | 0.05636 |
| Fibonacci | 0.05423 | 0.05460 | 0.05483 | 0.05519 | 0.05556 | 0.05579 | 0.05615 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.05405 | 0.05483 | 0.05528 | 0.05606 | 0.05651 | 0.05729 | 0.05774 |
| Camarilla | 0.05539 | 0.05551 | 0.05562 | 0.05573 | 0.05584 | 0.05596 | 0.05607 |
| Woodie | 0.05389 | 0.05475 | 0.05512 | 0.05598 | 0.05635 | 0.05721 | 0.05758 |
| Fibonacci | 0.05483 | 0.05530 | 0.05559 | 0.05606 | 0.05653 | 0.05682 | 0.05729 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.04837 | 0.05002 | 0.05139 | 0.05304 | 0.05441 | 0.05606 | 0.05743 |
| Camarilla | 0.05194 | 0.05222 | 0.05249 | 0.05277 | 0.05305 | 0.05332 | 0.05360 |
| Woodie | 0.04824 | 0.04995 | 0.05126 | 0.05297 | 0.05428 | 0.05599 | 0.05730 |
| Fibonacci | 0.05002 | 0.05117 | 0.05188 | 0.05304 | 0.05419 | 0.05490 | 0.05606 |
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): | 44.75 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -5.82770 | |
| AROON (14): | -21.42858 | |
| DEMA (21): | 0.05488 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.05485 | |
| Elder Ray (13): | 0.00006 | |
| Super Trend (3,10): | 0.05519 | |
| Zig ZAG (10): | 0.05510 | |
| VORTEX (21): | 0.7702 | |
| Stochastique (14,3,5): | 49.55 | |
| TEMA (21): | 0.05488 | |
| Williams %R (14): | -32.43 | |
| Chande Momentum Oscillator (20): | -0.00006 | |
| Repulse (5,40,3): | 0.3003 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0507 | |
| Courbe Coppock: | 0.64 |
| MA7: | 0.05569 | |
| MA20: | 0.05444 | |
| MA50: | 0.05412 | |
| MA100: | 0.05569 | |
| MAexp7: | 0.05500 | |
| MAexp20: | 0.05509 | |
| MAexp50: | 0.05537 | |
| MAexp100: | 0.05553 | |
| Price / MA7: | -1.02% | |
| Price / MA20: | +1.25% | |
| Price / MA50: | +1.85% | |
| Price / MA100: | -1.02% | |
| Price / MAexp7: | +0.22% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | -0.45% | |
| Price / MAexp100: | -0.74% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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