USD/HKD - 1H - Technical analysis published on 05/27/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bearish
Technical indicators
33%
11%
56%
My opinion
Bearish under 7.7551 HKD
My targets
7.7513 HKD (-0.0010)
7.7489 HKD (-0.0034)
My analysis
There is a bearish trend on USD/HKD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 7.7551 HKD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 7.7513 HKD. Then the price could move towards 7.7489 HKD. Be careful, a return to above the resistance 7.7551 HKD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
2.9
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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
USD/HKD rating 7.7523 HKD. The price is lower by -0.01% since the last closing and was traded between 7.7520 HKD and 7.7535 HKD over the period. The price is currently at +0.00% from its lowest and -0.02% from its highest.7.7520
7.7535
7.7523
Here is a more detailed summary of the historical variations registered by USD/HKD:
Technical
A technical analysis in 1H of this USD/HKD chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
On the 18 technical indicators analysed, 6 are bullish, 10 are neutral and 2 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
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 | 7.7500 | 7.7513 | 7.7522 | 7.7523 | 7.7535 | 7.7551 | 7.7580 |
| Change (%) | -0.03% | -0.01% | +0.00% | - | +0.02% | +0.04% | +0.07% |
| Change | -0.0023 | -0.0010 | -0.0001 | - | +0.0012 | +0.0028 | +0.0057 |
| Level | Major | Minor | Minor | - | Minor | Minor | Intermediate |
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 | 7.7481 | 7.7497 | 7.7515 | 7.7531 | 7.7549 | 7.7565 | 7.7583 |
| Camarilla | 7.7524 | 7.7527 | 7.7530 | 7.7533 | 7.7536 | 7.7539 | 7.7542 |
| Woodie | 7.7482 | 7.7498 | 7.7516 | 7.7532 | 7.7550 | 7.7566 | 7.7584 |
| Fibonacci | 7.7497 | 7.7510 | 7.7518 | 7.7531 | 7.7544 | 7.7552 | 7.7565 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.7430 | 7.7459 | 7.7519 | 7.7548 | 7.7608 | 7.7637 | 7.7697 |
| Camarilla | 7.7554 | 7.7562 | 7.7570 | 7.7578 | 7.7586 | 7.7594 | 7.7603 |
| Woodie | 7.7445 | 7.7467 | 7.7534 | 7.7556 | 7.7623 | 7.7645 | 7.7712 |
| Fibonacci | 7.7459 | 7.7493 | 7.7514 | 7.7548 | 7.7582 | 7.7603 | 7.7637 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.7404 | 7.7451 | 7.7484 | 7.7531 | 7.7564 | 7.7611 | 7.7644 |
| Camarilla | 7.7496 | 7.7503 | 7.7511 | 7.7518 | 7.7525 | 7.7533 | 7.7540 |
| Woodie | 7.7398 | 7.7448 | 7.7478 | 7.7528 | 7.7558 | 7.7608 | 7.7638 |
| Fibonacci | 7.7451 | 7.7481 | 7.7500 | 7.7531 | 7.7561 | 7.7580 | 7.7611 |
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): | 49.05 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -1.2435 | |
| AROON (14): | 28.5715 | |
| DEMA (21): | 7.7524 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.7517 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 7.7542 | |
| Zig ZAG (10): | 7.7528 | |
| VORTEX (21): | 1.0449 | |
| Stochastique (14,3,5): | 56.67 | |
| TEMA (21): | 7.7526 | |
| Williams %R (14): | -40.00 | |
| Chande Momentum Oscillator (20): | -0.0007 | |
| Repulse (5,40,3): | 0.0041 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0004 | |
| Courbe Coppock: | 0.00 |
| MA7: | 7.7534 | |
| MA20: | 7.7523 | |
| MA50: | 7.7523 | |
| MA100: | 7.7625 | |
| MAexp7: | 7.7526 | |
| MAexp20: | 7.7527 | |
| MAexp50: | 7.7531 | |
| MAexp100: | 7.7532 | |
| Price / MA7: | -0.01% | |
| Price / MA20: | -0% | |
| Price / MA50: | -0% | |
| Price / MA100: | -0.13% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | -0.01% | |
| Price / MAexp100: | -0.01% |
Quotes :
2020-05-27 06:57:53
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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