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

JPY/HKD - 1H - Technical analysis published on 12/18/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 0.05688 HKD
My targets
0.05740 HKD (+0.00016)
0.05778 HKD (+0.00054)
My analysis
JPY/HKD is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 0.05688 HKD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 0.05740 HKD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 0.05778 HKD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 0.05802 HKD. Beware of a possible return to under the support located at 0.05688 HKD which would be the sign of a correction of the bullish excesses registered in the short term.

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
3.9

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

The JPY/HKD price is 0.05724 HKD. The price has increased by +0.56% since the last closing and was between 0.05724 HKD and 0.05724 HKD. This implies that the price is at 0% from its lowest and at 0% from its highest.

0.05724
0.05724
0.05724

A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


A technical analysis in 1H of this JPY/HKD chart shows a slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



In fact, 11 technical indicators on 18 studied are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.05675 0.05688 0.05719 0.05724 0.05740 0.05778 0.05802
Change (%) -0.86% -0.63% -0.09% - +0.28% +0.94% +1.36%
Change -0.00049 -0.00036 -0.00005 - +0.00016 +0.00054 +0.00078
Level Minor Major Intermediate - Minor Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.055880.056160.056540.056820.057200.057480.05786
Camarilla0.056740.056800.056860.056920.056980.057040.05710
Woodie0.055930.056190.056590.056850.057250.057510.05791
Fibonacci0.056160.056410.056570.056820.057070.057230.05748


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.054710.055490.056210.056990.057710.058490.05921
Camarilla0.056510.056650.056780.056920.057060.057200.05733
Woodie0.054670.055480.056170.056980.057670.058480.05917
Fibonacci0.055490.056070.056420.056990.057570.057920.05849


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.050010.051380.054100.055470.058190.059560.06228
Camarilla0.055700.056070.056450.056820.057200.057570.05795
Woodie0.050690.051720.054780.055810.058870.059900.06296
Fibonacci0.051380.052940.053910.055470.057030.058000.05956

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): 54.18
MACD (12,26,9): 0.0001
Directional Movement: 9.44427
AROON (14): 78.57143
DEMA (21): 0.05691
Parabolic SAR (0,02-0,02-0,2): 0.05690
Elder Ray (13): 0.00004
Super Trend (3,10): 0.05668
Zig ZAG (10): 0.05692
VORTEX (21): 1.1724
Stochastique (14,3,5): 70.11
TEMA (21): 0.05702
Williams %R (14): -40.00
Chande Momentum Oscillator (20): 0.00020
Repulse (5,40,3): -0.1469
ROCnROLL: 1
TRIX (15,9): 0.0059
Courbe Coppock: 1.01
MA7: 0.05695
MA20: 0.05667
MA50: 0.05497
MA100: 0.05559
MAexp7: 0.05695
MAexp20: 0.05687
MAexp50: 0.05689
MAexp100: 0.05696
Price / MA7: +0.51%
Price / MA20: +1.01%
Price / MA50: +4.13%
Price / MA100: +2.97%
Price / MAexp7: +0.51%
Price / MAexp20: +0.65%
Price / MAexp50: +0.62%
Price / MAexp100: +0.49%

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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