USD/HKD - 1H - Technical analysis published on 10/09/2022 (GMT)
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- 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
33%
0%
67%
My opinion
Neutral between 7.8490 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 7.8490 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.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
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.
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Additional analysis
Quotes
The USD/HKD price is 7.8496 HKD. The price has increased by +0.00% since the last closing with the lowest point at 7.8485 HKD and the highest point at 7.8498 HKD. The deviation from the price is +0.01% for the low point and +0.00% for the high point.7.8485
7.8498
7.8496
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by USD/HKD:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of USD/HKD in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | R1 | Price | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 7.8487 | 7.8490 | 7.8494 | 7.8496 | 7.8496 | 7.8500 |
| Change (%) | -0.01% | -0.01% | +0.00% | 0% | - | +0.01% |
| Change | -0.0009 | -0.0006 | -0.0002 | 0 | - | +0.0004 |
| Level | Minor | Minor | Intermediate | Intermediate | - | Major |
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 | 7.8487 | 7.8490 | 7.8495 | 7.8498 | 7.8503 | 7.8506 | 7.8511 |
| Camarilla | 7.8497 | 7.8498 | 7.8498 | 7.8499 | 7.8500 | 7.8501 | 7.8501 |
| Woodie | 7.8487 | 7.8491 | 7.8495 | 7.8499 | 7.8503 | 7.8507 | 7.8511 |
| Fibonacci | 7.8490 | 7.8493 | 7.8495 | 7.8498 | 7.8501 | 7.8503 | 7.8506 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.8480 | 7.8485 | 7.8492 | 7.8497 | 7.8504 | 7.8509 | 7.8516 |
| Camarilla | 7.8496 | 7.8497 | 7.8498 | 7.8499 | 7.8500 | 7.8501 | 7.8502 |
| Woodie | 7.8481 | 7.8486 | 7.8493 | 7.8498 | 7.8505 | 7.8510 | 7.8517 |
| Fibonacci | 7.8485 | 7.8490 | 7.8492 | 7.8497 | 7.8502 | 7.8504 | 7.8509 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.8434 | 7.8448 | 7.8473 | 7.8487 | 7.8512 | 7.8526 | 7.8551 |
| Camarilla | 7.8487 | 7.8491 | 7.8494 | 7.8498 | 7.8502 | 7.8505 | 7.8509 |
| Woodie | 7.8440 | 7.8451 | 7.8479 | 7.8490 | 7.8518 | 7.8529 | 7.8557 |
| Fibonacci | 7.8448 | 7.8463 | 7.8472 | 7.8487 | 7.8502 | 7.8511 | 7.8526 |
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): | 53.55 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -1.1008 | |
| AROON (14): | 0 | |
| DEMA (21): | 7.8499 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.8501 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 7.8490 | |
| Zig ZAG (10): | 7.8499 | |
| VORTEX (21): | 0.9730 | |
| Stochastique (14,3,5): | 60.83 | |
| TEMA (21): | 7.8499 | |
| Williams %R (14): | -37.50 | |
| Chande Momentum Oscillator (20): | 0.0000 | |
| Repulse (5,40,3): | 0.0036 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0001 | |
| Courbe Coppock: | 0.00 |
| MA7: | 7.8498 | |
| MA20: | 7.8494 | |
| MA50: | 7.8479 | |
| MA100: | 7.8482 | |
| MAexp7: | 7.8499 | |
| MAexp20: | 7.8499 | |
| MAexp50: | 7.8498 | |
| MAexp100: | 7.8498 | |
| 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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