JPY/HKD - 1H - Technical analysis published on 02/08/2023 (GMT)
- 151
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
61%
22%
17%
My opinion
Neutral between 0.05977 HKD and 0.06011 HKD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.06011 HKD. The first support is located at 0.05977 HKD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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:
Additional analysis
Quotes
JPY/HKD rating 0.05988 HKD. The price registered a decrease of -0.02% on the session and was between 0.05974 HKD and 0.06010 HKD. This implies that the price is at +0.23% from its lowest and at -0.37% from its highest.0.05974
0.06010
0.05988
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
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 (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of JPY/HKD indicates that the overall trend is slightly bullish. Only 46.43% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
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:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.05648 | 0.05904 | 0.05977 | 0.05988 | 0.06011 | 0.06039 | 0.06061 |
| Change (%) | -5.68% | -1.40% | -0.18% | - | +0.38% | +0.85% | +1.22% |
| Change | -0.00340 | -0.00084 | -0.00011 | - | +0.00023 | +0.00051 | +0.00073 |
| Level | Intermediate | Major | Major | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.05834 | 0.05876 | 0.05932 | 0.05974 | 0.06030 | 0.06072 | 0.06128 |
| Camarilla | 0.05962 | 0.05971 | 0.05980 | 0.05989 | 0.05998 | 0.06007 | 0.06016 |
| Woodie | 0.05842 | 0.05880 | 0.05940 | 0.05978 | 0.06038 | 0.06076 | 0.06136 |
| Fibonacci | 0.05876 | 0.05913 | 0.05936 | 0.05974 | 0.06011 | 0.06034 | 0.06072 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.05792 | 0.05886 | 0.05934 | 0.06028 | 0.06076 | 0.06170 | 0.06218 |
| Camarilla | 0.05942 | 0.05955 | 0.05968 | 0.05981 | 0.05994 | 0.06007 | 0.06020 |
| Woodie | 0.05768 | 0.05875 | 0.05910 | 0.06017 | 0.06052 | 0.06159 | 0.06194 |
| Fibonacci | 0.05886 | 0.05941 | 0.05974 | 0.06028 | 0.06083 | 0.06116 | 0.06170 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.05492 | 0.05644 | 0.05834 | 0.05986 | 0.06176 | 0.06328 | 0.06518 |
| Camarilla | 0.05931 | 0.05962 | 0.05994 | 0.06025 | 0.06056 | 0.06088 | 0.06119 |
| Woodie | 0.05512 | 0.05654 | 0.05854 | 0.05996 | 0.06196 | 0.06338 | 0.06538 |
| Fibonacci | 0.05644 | 0.05774 | 0.05855 | 0.05986 | 0.06116 | 0.06197 | 0.06328 |
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): | 59.86 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 17.06393 | |
| AROON (14): | 50.00000 | |
| DEMA (21): | 0.06001 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.05976 | |
| Elder Ray (13): | 0.00007 | |
| Super Trend (3,10): | 0.05965 | |
| Zig ZAG (10): | 0.05995 | |
| VORTEX (21): | 1.1791 | |
| Stochastique (14,3,5): | 68.52 | |
| TEMA (21): | 0.06006 | |
| Williams %R (14): | -41.67 | |
| Chande Momentum Oscillator (20): | -0.00002 | |
| Repulse (5,40,3): | -0.1360 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0289 | |
| Courbe Coppock: | 0.34 |
| MA7: | 0.06014 | |
| MA20: | 0.06040 | |
| MA50: | 0.05905 | |
| MA100: | 0.05669 | |
| MAexp7: | 0.05997 | |
| MAexp20: | 0.05988 | |
| MAexp50: | 0.05978 | |
| MAexp100: | 0.05989 | |
| Price / MA7: | -0.43% | |
| Price / MA20: | -0.86% | |
| Price / MA50: | +1.41% | |
| Price / MA100: | +5.63% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +0.17% | |
| Price / MAexp100: | -0.02% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis JPY/HKD - 1H