AUD/HKD

- HKD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	AUDHKD
ISIN:

AUD/HKD - Daily - Technical analysis published on 08/28/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

44%

22%

My opinion

Bearish under 5.0912 HKD

My targets

5.0151 HKD (-0.0274)

4.8696 HKD (-0.1729)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/HKD as long as the price remains well below 5.0912 HKD. The sellers' bearish objective is set at 5.0151 HKD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.8696 HKD. In case of crossing, the next objective would be the support located at 4.4583 HKD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.4

Comment on the 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.

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

Additional analysis

Quotes

AUD/HKD rating 5.0425 HKD. The price has increased by +0.20% since the last closing with the lowest point at 5.0313 HKD and the highest point at 5.0507 HKD. The deviation from the price is +0.22% for the low point and -0.16% for the high point.

5.0313

5.0507

5.0425

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

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

A technical analysis in Daily of this AUD/HKD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	4.4583	4.8696	5.0151	5.0425	5.0912	5.1666	5.3472
Change (%)	-11.59%	-3.43%	-0.54%	-	+0.97%	+2.46%	+6.04%
Change	-0.5842	-0.1729	-0.0274	-	+0.0487	+0.1241	+0.3047
Level	Major	Intermediate	Intermediate	-	Major	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	5.0118	5.0164	5.0243	5.0289	5.0368	5.0414	5.0493
Camarilla	5.0289	5.0300	5.0312	5.0323	5.0335	5.0346	5.0357
Woodie	5.0136	5.0172	5.0261	5.0297	5.0386	5.0422	5.0511
Fibonacci	5.0164	5.0211	5.0241	5.0289	5.0336	5.0366	5.0414

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.9085	4.9569	4.9900	5.0384	5.0715	5.1199	5.1530
Camarilla	5.0006	5.0081	5.0155	5.0230	5.0305	5.0379	5.0454
Woodie	4.9008	4.9531	4.9823	5.0346	5.0638	5.1161	5.1453
Fibonacci	4.9569	4.9881	5.0073	5.0384	5.0696	5.0888	5.1199

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.9031	5.0322	5.1346	5.2637	5.3661	5.4952	5.5976
Camarilla	5.1734	5.1947	5.2159	5.2371	5.2583	5.2795	5.3008
Woodie	4.8899	5.0255	5.1214	5.2570	5.3529	5.4885	5.5844
Fibonacci	5.0322	5.1206	5.1752	5.2637	5.3521	5.4067	5.4952

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):	40.96
MACD (12,26,9):	-0.0452
Directional Movement:	-4.5277
AROON (14):	-35.7142
DEMA (21):	5.0155
Parabolic SAR (0,02-0,02-0,2):	5.0054
Elder Ray (13):	-0.0128
Super Trend (3,10):	5.1691
Zig ZAG (10):	5.0444
VORTEX (21):	0.8509
Stochastique (14,3,5):	26.18
TEMA (21):	5.0026
Williams %R (14):	-67.11
Chande Momentum Oscillator (20):	-0.0320
Repulse (5,40,3):	0.1795
ROCnROLL:	2
TRIX (15,9):	-0.1458
Courbe Coppock:	3.09

MA7:	5.0384
MA20:	5.0665
MA50:	5.1791
MA100:	5.2074
MAexp7:	5.0404
MAexp20:	5.0778
MAexp50:	5.1462
MAexp100:	5.1897
Price / MA7:	+0.08%
Price / MA20:	-0.47%
Price / MA50:	-2.64%
Price / MA100:	-3.17%
Price / MAexp7:	+0.04%
Price / MAexp20:	-0.70%
Price / MAexp50:	-2.02%
Price / MAexp100:	-2.84%

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 AI

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