USD/HKD - 1H - Technical analysis published on 04/08/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
44%
17%
39%
My opinion
Neutral between 7.7509 HKD and 7.7537 HKD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on USD/HKD. It is difficult to advise a trading direction under these conditions. The first support is located at 7.7509 HKD. The first resistance is located at 7.7537 HKD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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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
The USD/HKD rating is 7.7522 HKD. The price has increased by +0.00% since the last closing and was traded between 7.7514 HKD and 7.7530 HKD over the period. The price is currently at +0.01% from its lowest and -0.01% from its highest.7.7514
7.7530
7.7522
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this USD/HKD chart shows a slightly bearish trend. 50% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.7500 | 7.7509 | 7.7518 | 7.7522 | 7.7529 | 7.7537 | 7.7547 |
| Change (%) | -0.03% | -0.02% | -0.01% | - | +0.01% | +0.02% | +0.03% |
| Change | -0.0022 | -0.0013 | -0.0004 | - | +0.0007 | +0.0015 | +0.0025 |
| Level | Major | Major | Minor | - | 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 | 7.7489 | 7.7501 | 7.7512 | 7.7524 | 7.7535 | 7.7547 | 7.7558 |
| Camarilla | 7.7517 | 7.7519 | 7.7521 | 7.7523 | 7.7525 | 7.7527 | 7.7529 |
| Woodie | 7.7489 | 7.7501 | 7.7512 | 7.7524 | 7.7535 | 7.7547 | 7.7558 |
| Fibonacci | 7.7501 | 7.7510 | 7.7515 | 7.7524 | 7.7533 | 7.7538 | 7.7547 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.7449 | 7.7473 | 7.7503 | 7.7527 | 7.7557 | 7.7581 | 7.7611 |
| Camarilla | 7.7517 | 7.7522 | 7.7527 | 7.7532 | 7.7537 | 7.7542 | 7.7547 |
| Woodie | 7.7451 | 7.7475 | 7.7505 | 7.7529 | 7.7559 | 7.7583 | 7.7613 |
| Fibonacci | 7.7473 | 7.7494 | 7.7507 | 7.7527 | 7.7548 | 7.7561 | 7.7581 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.6900 | 7.7198 | 7.7359 | 7.7657 | 7.7818 | 7.8116 | 7.8277 |
| Camarilla | 7.7394 | 7.7436 | 7.7478 | 7.7520 | 7.7562 | 7.7604 | 7.7646 |
| Woodie | 7.6832 | 7.7164 | 7.7291 | 7.7623 | 7.7750 | 7.8082 | 7.8209 |
| Fibonacci | 7.7198 | 7.7373 | 7.7482 | 7.7657 | 7.7832 | 7.7941 | 7.8116 |
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): | 50.35 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -1.4985 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 7.7519 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.7527 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 7.7509 | |
| Zig ZAG (10): | 7.7523 | |
| VORTEX (21): | 1.0131 | |
| Stochastique (14,3,5): | 31.25 | |
| TEMA (21): | 7.7519 | |
| Williams %R (14): | -43.75 | |
| Chande Momentum Oscillator (20): | 0.0000 | |
| Repulse (5,40,3): | 0.0050 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0002 | |
| Courbe Coppock: | 0.02 |
| MA7: | 7.7522 | |
| MA20: | 7.7572 | |
| MA50: | 7.7671 | |
| MA100: | 7.7810 | |
| MAexp7: | 7.7520 | |
| MAexp20: | 7.7521 | |
| MAexp50: | 7.7523 | |
| MAexp100: | 7.7524 | |
| Price / MA7: | -0% | |
| Price / MA20: | -0.06% | |
| Price / MA50: | -0.19% | |
| Price / MA100: | -0.37% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.00% | |
| Price / MAexp50: | +0.00% | |
| Price / MAexp100: | +0.00% |
This member declared not having a position on this financial instrument or a related financial instrument.
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