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USD/HKD
USD HKD
- HKD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: USDHKD
ISIN:

USD/HKD - 1H - Technical analysis published on 01/09/2023 (GMT)

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Londinia
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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
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 7.8153 HKD
My targets
7.7981 HKD (-0.0082)
7.7918 HKD (-0.0145)
My analysis
The bearish trend is currently very strong for USD/HKD. As long as the price remains below the resistance at 7.8153 HKD, you could try to take advantage of the bearish rally. The first bearish objective is located at 7.7981 HKD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 7.7918 HKD as an objective. Crossing it would then enable sellers to target 7.7882 HKD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.1

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

The USD/HKD price is 7.8063 HKD. The price registered an increase of +0.00% on the session and was traded between 7.8051 HKD and 7.8083 HKD over the period. The price is currently at +0.02% from its lowest and -0.03% from its highest.

7.8051
7.8083
7.8063

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of USD/HKD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 7.7947 7.7981 7.8050 7.8063 7.8088 7.8153 7.8193
Change (%) -0.15% -0.11% -0.02% - +0.03% +0.12% +0.17%
Change -0.0116 -0.0082 -0.0013 - +0.0025 +0.0090 +0.0130
Level Minor Minor Intermediate - Major Minor Major



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
Standard7.79177.79827.80237.80887.81297.81947.8235
Camarilla7.80357.80457.80547.80647.80747.80837.8093
Woodie7.79057.79767.80117.80827.81177.81887.8223
Fibonacci7.79827.80237.80487.80887.81297.81547.8194


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.77257.78527.79587.80857.81917.83187.8424
Camarilla7.80007.80217.80437.80647.80857.81077.8128
Woodie7.77157.78477.79487.80807.81817.83137.8414
Fibonacci7.78527.79417.79967.80857.81747.82297.8318


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.72707.74437.77637.79367.82567.84297.8749
Camarilla7.79487.79947.80397.80847.81297.81747.8220
Woodie7.73457.74807.78387.79737.83317.84667.8824
Fibonacci7.74437.76317.77477.79367.81247.82407.8429

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): 43.47
MACD (12,26,9): -0.0010
Directional Movement: -11.5562
AROON (14): -42.8571
DEMA (21): 7.8064
Parabolic SAR (0,02-0,02-0,2): 7.8100
Elder Ray (13): -0.0005
Super Trend (3,10): 7.8116
Zig ZAG (10): 7.8066
VORTEX (21): 0.8382
Stochastique (14,3,5): 39.44
TEMA (21): 7.8065
Williams %R (14): -60.00
Chande Momentum Oscillator (20): -0.0004
Repulse (5,40,3): -0.0038
ROCnROLL: 2
TRIX (15,9): -0.0021
Courbe Coppock: 0.05
MA7: 7.8099
MA20: 7.7970
MA50: 7.8088
MA100: 7.8289
MAexp7: 7.8071
MAexp20: 7.8078
MAexp50: 7.8096
MAexp100: 7.8099
Price / MA7: -0.05%
Price / MA20: +0.12%
Price / MA50: -0.03%
Price / MA100: -0.29%
Price / MAexp7: -0.01%
Price / MAexp20: -0.02%
Price / MAexp50: -0.04%
Price / MAexp100: -0.05%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia
Londinia AI

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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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