Londinia Opportunities Analyses - 09/21/2021 (GMT) NZD/HKD - 1H
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 5.4798 HKD
My targets
5.4256 HKD (-0.0311)
5.3481 HKD (-0.1086)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NZD/HKD as long as the price remains well below 5.4798 HKD. The next bearish objective for sellers is set at 5.4256 HKD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 5.3481 HKD. If there is any crossing, the next objective would be the support located at 5.3184 HKD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The NZD/HKD rating is 5.4567 HKD. On the day, this instrument lost -0.13% with the lowest point at 5.4460 HKD and the highest point at 5.4924 HKD. The deviation from the price is +0.20% for the low point and -0.65% for the high point.5.4460
5.4924
5.4567
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
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 (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NZD/HKD in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a bearish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.3184 | 5.4256 | 5.4550 | 5.4567 | 5.4798 | 5.5023 | 5.5211 |
| Change (%) | -2.53% | -0.57% | -0.03% | - | +0.42% | +0.84% | +1.18% |
| Change | -0.1383 | -0.0311 | -0.0017 | - | +0.0231 | +0.0456 | +0.0644 |
| Level | Major | Major | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.4231 | 5.4390 | 5.4515 | 5.4674 | 5.4799 | 5.4958 | 5.5083 |
| Camarilla | 5.4561 | 5.4587 | 5.4613 | 5.4639 | 5.4665 | 5.4691 | 5.4717 |
| Woodie | 5.4213 | 5.4382 | 5.4497 | 5.4666 | 5.4781 | 5.4950 | 5.5065 |
| Fibonacci | 5.4390 | 5.4499 | 5.4566 | 5.4674 | 5.4783 | 5.4850 | 5.4958 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.3481 | 5.4080 | 5.4431 | 5.5030 | 5.5381 | 5.5980 | 5.6331 |
| Camarilla | 5.4521 | 5.4608 | 5.4695 | 5.4782 | 5.4869 | 5.4956 | 5.5043 |
| Woodie | 5.3357 | 5.4018 | 5.4307 | 5.4968 | 5.5257 | 5.5918 | 5.6207 |
| Fibonacci | 5.4080 | 5.4443 | 5.4667 | 5.5030 | 5.5393 | 5.5617 | 5.5980 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.1419 | 5.2218 | 5.3530 | 5.4329 | 5.5641 | 5.6440 | 5.7752 |
| Camarilla | 5.4263 | 5.4456 | 5.4650 | 5.4843 | 5.5037 | 5.5230 | 5.5424 |
| Woodie | 5.1677 | 5.2346 | 5.3788 | 5.4457 | 5.5899 | 5.6568 | 5.8010 |
| Fibonacci | 5.2218 | 5.3024 | 5.3522 | 5.4329 | 5.5135 | 5.5633 | 5.6440 |
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): | 43.12 | |
| MACD (12,26,9): | -0.0042 | |
| Directional Movement: | -7.8298 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 5.4595 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.4783 | |
| Elder Ray (13): | -0.0056 | |
| Super Trend (3,10): | 5.4860 | |
| Zig ZAG (10): | 5.4553 | |
| VORTEX (21): | 0.9915 | |
| Stochastique (14,3,5): | 23.49 | |
| TEMA (21): | 5.4579 | |
| Williams %R (14): | -79.96 | |
| Chande Momentum Oscillator (20): | -0.0324 | |
| Repulse (5,40,3): | -0.0757 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0059 | |
| Courbe Coppock: | 0.48 |
| MA7: | 5.5006 | |
| MA20: | 5.4977 | |
| MA50: | 5.4545 | |
| MA100: | 5.4954 | |
| MAexp7: | 5.4590 | |
| MAexp20: | 5.4644 | |
| MAexp50: | 5.4723 | |
| MAexp100: | 5.4856 | |
| Price / MA7: | -0.80% | |
| Price / MA20: | -0.75% | |
| Price / MA50: | +0.04% | |
| Price / MA100: | -0.70% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.14% | |
| Price / MAexp50: | -0.29% | |
| Price / MAexp100: | -0.53% |
Quotes :
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Real time data
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Forex