NZD/HKD - 1H - Technical analysis published on 01/05/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 5.3110 HKD
My targets
5.3264 HKD (+0.0089)
5.3478 HKD (+0.0303)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NZD/HKD as long as the price remains well above 5.3110 HKD. The buyers' bullish objective is set at 5.3264 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.3478 HKD. If there is any crossing, the next objective would be the resistance located at 5.4256 HKD.
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
6.6
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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
NZD/HKD rating 5.3175 HKD. The price registered an increase of +0.15% on the session with the lowest point at 5.2960 HKD and the highest point at 5.3299 HKD. The deviation from the price is +0.41% for the low point and -0.23% for the high point.5.2960
5.3299
5.3175
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 year)
Type : Bearish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NZD/HKD chart shows a bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being 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, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
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 | 5.2961 | 5.3110 | 5.3169 | 5.3175 | 5.3264 | 5.3478 | 5.4256 |
| Change (%) | -0.40% | -0.12% | -0.01% | - | +0.17% | +0.57% | +2.03% |
| Change | -0.0214 | -0.0065 | -0.0006 | - | +0.0089 | +0.0303 | +0.1081 |
| Level | Intermediate | Minor | Major | - | Minor | Minor | 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 | 5.2368 | 5.2549 | 5.2824 | 5.3005 | 5.3280 | 5.3461 | 5.3736 |
| Camarilla | 5.2973 | 5.3014 | 5.3056 | 5.3098 | 5.3140 | 5.3182 | 5.3223 |
| Woodie | 5.2414 | 5.2573 | 5.2870 | 5.3029 | 5.3326 | 5.3485 | 5.3782 |
| Fibonacci | 5.2549 | 5.2724 | 5.2831 | 5.3005 | 5.3180 | 5.3287 | 5.3461 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.2468 | 5.2696 | 5.3023 | 5.3251 | 5.3578 | 5.3806 | 5.4133 |
| Camarilla | 5.3198 | 5.3249 | 5.3300 | 5.3351 | 5.3402 | 5.3453 | 5.3504 |
| Woodie | 5.2519 | 5.2721 | 5.3074 | 5.3276 | 5.3629 | 5.3831 | 5.4184 |
| Fibonacci | 5.2696 | 5.2908 | 5.3039 | 5.3251 | 5.3463 | 5.3594 | 5.3806 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.1339 | 5.1806 | 5.2579 | 5.3046 | 5.3819 | 5.4286 | 5.5059 |
| Camarilla | 5.3010 | 5.3124 | 5.3237 | 5.3351 | 5.3465 | 5.3578 | 5.3692 |
| Woodie | 5.1491 | 5.1883 | 5.2731 | 5.3123 | 5.3971 | 5.4363 | 5.5211 |
| Fibonacci | 5.1806 | 5.2280 | 5.2573 | 5.3046 | 5.3520 | 5.3813 | 5.4286 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 64.73 | |
| MACD (12,26,9): | 0.0055 | |
| Directional Movement: | 13.4893 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 5.3171 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.2959 | |
| Elder Ray (13): | 0.0102 | |
| Super Trend (3,10): | 5.2989 | |
| Zig ZAG (10): | 5.3222 | |
| VORTEX (21): | 1.1481 | |
| Stochastique (14,3,5): | 87.00 | |
| TEMA (21): | 5.3220 | |
| Williams %R (14): | -17.99 | |
| Chande Momentum Oscillator (20): | 0.0214 | |
| Repulse (5,40,3): | 0.1008 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0093 | |
| Courbe Coppock: | 0.50 |
| MA7: | 5.3175 | |
| MA20: | 5.2977 | |
| MA50: | 5.3811 | |
| MA100: | 5.4253 | |
| MAexp7: | 5.3180 | |
| MAexp20: | 5.3109 | |
| MAexp50: | 5.3080 | |
| MAexp100: | 5.3101 | |
| Price / MA7: | -0% | |
| Price / MA20: | +0.37% | |
| Price / MA50: | -1.18% | |
| Price / MA100: | -1.99% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.18% | |
| Price / MAexp100: | +0.14% |
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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