USD/HKD - 1H - Technical analysis published on 09/30/2022 (GMT)
- 152
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
28%
17%
56%
My opinion
Neutral between 7.8487 HKD and 7.8500 HKD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 7.8487 HKD. The first resistance is located at 7.8500 HKD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by USD/HKD.
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
The USD/HKD price is 7.8496 HKD. The price has increased by +0.00% since the last closing and was between 7.8494 HKD and 7.8500 HKD. This implies that the price is at +0.00% from its lowest and at -0.01% from its highest.7.8494
7.8500
7.8496
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 (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
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 USD/HKD in 1H shows an overall slightly bullish trend. 46.43% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 10 are neutral and 3 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
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
Price
| S3 | S2 | S1 | R1 | Price | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 7.8483 | 7.8487 | 7.8492 | 7.8496 | 7.8496 | 7.8500 |
| Change (%) | -0.02% | -0.01% | -0.01% | 0% | - | +0.01% |
| Change | -0.0013 | -0.0009 | -0.0004 | 0 | - | +0.0004 |
| Level | Minor | Major | Minor | Minor | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.8480 | 7.8485 | 7.8491 | 7.8496 | 7.8502 | 7.8507 | 7.8513 |
| Camarilla | 7.8495 | 7.8496 | 7.8497 | 7.8498 | 7.8499 | 7.8500 | 7.8501 |
| Woodie | 7.8482 | 7.8485 | 7.8493 | 7.8496 | 7.8504 | 7.8507 | 7.8515 |
| Fibonacci | 7.8485 | 7.8489 | 7.8492 | 7.8496 | 7.8500 | 7.8503 | 7.8507 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.8467 | 7.8475 | 7.8484 | 7.8492 | 7.8501 | 7.8509 | 7.8518 |
| Camarilla | 7.8488 | 7.8490 | 7.8491 | 7.8493 | 7.8495 | 7.8496 | 7.8498 |
| Woodie | 7.8468 | 7.8475 | 7.8485 | 7.8492 | 7.8502 | 7.8509 | 7.8519 |
| Fibonacci | 7.8475 | 7.8482 | 7.8486 | 7.8492 | 7.8499 | 7.8503 | 7.8509 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.8113 | 7.8195 | 7.8339 | 7.8421 | 7.8565 | 7.8647 | 7.8791 |
| Camarilla | 7.8422 | 7.8443 | 7.8463 | 7.8484 | 7.8505 | 7.8525 | 7.8546 |
| Woodie | 7.8145 | 7.8211 | 7.8371 | 7.8437 | 7.8597 | 7.8663 | 7.8823 |
| Fibonacci | 7.8195 | 7.8281 | 7.8334 | 7.8421 | 7.8507 | 7.8560 | 7.8647 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 47.25 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -2.9111 | |
| AROON (14): | -7.1429 | |
| DEMA (21): | 7.8498 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.8494 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 7.8505 | |
| Zig ZAG (10): | 7.8496 | |
| VORTEX (21): | 0.9868 | |
| Stochastique (14,3,5): | 66.67 | |
| TEMA (21): | 7.8498 | |
| Williams %R (14): | -33.33 | |
| Chande Momentum Oscillator (20): | -0.0001 | |
| Repulse (5,40,3): | 0.0006 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0001 | |
| Courbe Coppock: | 0.00 |
| MA7: | 7.8494 | |
| MA20: | 7.8493 | |
| MA50: | 7.8479 | |
| MA100: | 7.8482 | |
| MAexp7: | 7.8497 | |
| MAexp20: | 7.8498 | |
| MAexp50: | 7.8497 | |
| MAexp100: | 7.8497 | |
| Price / MA7: | +0.00% | |
| Price / MA20: | +0.00% | |
| Price / MA50: | +0.02% | |
| Price / MA100: | +0.02% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.00% | |
| Price / MAexp50: | +0.00% | |
| Price / MAexp100: | +0.00% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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