NZD/HKD - 1H - Technical analysis published on 09/25/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 4.9437 HKD
My targets
4.9640 HKD (+0.16%)
4.9771 HKD (+0.42%)
My analysis
The basic bullish trend is very strong on NZD/HKD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 4.9437 HKD. Crossing the first resistance at 4.9640 HKD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 4.9771 HKD as an objective. Crossing it would then enable buyers to target 5.0023 HKD. Caution, a return to below 4.9437 HKD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
4.5
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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 4.9562 HKD. The price has increased by +0.08% since the last closing and was between 4.9428 HKD and 4.9780 HKD. This implies that the price is at +0.27% from its lowest and at -0.44% from its highest.4.9428
4.9780
4.9562
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NZD/HKD:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NZD/HKD indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 7 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 4.9022 | 4.9299 | 4.9437 | 4.9562 | 4.9640 | 4.9771 | 5.0023 |
| Change (%) | -1.09% | -0.53% | -0.25% | - | +0.16% | +0.42% | +0.93% |
| Change | -0.0540 | -0.0263 | -0.0125 | - | +0.0078 | +0.0209 | +0.0461 |
| Level | Intermediate | Minor | Major | - | Major | Intermediate | Minor |
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 | 4.8953 | 4.9114 | 4.9319 | 4.9480 | 4.9685 | 4.9846 | 5.0051 |
| Camarilla | 4.9422 | 4.9456 | 4.9489 | 4.9523 | 4.9557 | 4.9590 | 4.9624 |
| Woodie | 4.8974 | 4.9125 | 4.9340 | 4.9491 | 4.9706 | 4.9857 | 5.0072 |
| Fibonacci | 4.9114 | 4.9254 | 4.9341 | 4.9480 | 4.9620 | 4.9707 | 4.9846 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.7718 | 4.8370 | 4.8719 | 4.9371 | 4.9720 | 5.0372 | 5.0721 |
| Camarilla | 4.8793 | 4.8885 | 4.8976 | 4.9068 | 4.9160 | 4.9252 | 4.9343 |
| Woodie | 4.7567 | 4.8294 | 4.8568 | 4.9295 | 4.9569 | 5.0296 | 5.0570 |
| Fibonacci | 4.8370 | 4.8752 | 4.8989 | 4.9371 | 4.9753 | 4.9990 | 5.0372 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.6225 | 4.7753 | 4.8615 | 5.0143 | 5.1005 | 5.2533 | 5.3395 |
| Camarilla | 4.8819 | 4.9038 | 4.9257 | 4.9476 | 4.9695 | 4.9914 | 5.0133 |
| Woodie | 4.5891 | 4.7587 | 4.8281 | 4.9977 | 5.0671 | 5.2367 | 5.3061 |
| Fibonacci | 4.7753 | 4.8666 | 4.9230 | 5.0143 | 5.1056 | 5.1620 | 5.2533 |
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): | 53.47 | |
| MACD (12,26,9): | 0.0050 | |
| Directional Movement: | 6.3124 | |
| AROON (14): | 7.1429 | |
| DEMA (21): | 4.9615 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.9449 | |
| Elder Ray (13): | 0.0008 | |
| Super Trend (3,10): | 4.9389 | |
| Zig ZAG (10): | 4.9569 | |
| VORTEX (21): | 1.1089 | |
| Stochastique (14,3,5): | 39.20 | |
| TEMA (21): | 4.9611 | |
| Williams %R (14): | -58.52 | |
| Chande Momentum Oscillator (20): | -0.0049 | |
| Repulse (5,40,3): | -0.0570 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0180 | |
| Courbe Coppock: | 0.05 |
| MA7: | 4.9436 | |
| MA20: | 4.9745 | |
| MA50: | 5.0547 | |
| MA100: | 5.1110 | |
| MAexp7: | 4.9578 | |
| MAexp20: | 4.9543 | |
| MAexp50: | 4.9449 | |
| MAexp100: | 4.9430 | |
| Price / MA7: | +0.25% | |
| Price / MA20: | -0.37% | |
| Price / MA50: | -1.95% | |
| Price / MA100: | -3.03% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | +0.23% | |
| Price / MAexp100: | +0.27% |
This member declared not having a position on this financial instrument or a related financial instrument.
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