AUD/HKD - Daily - Technical analysis published on 11/03/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 5.7034 HKD
My targets
5.8625 HKD (+0.0687)
6.0917 HKD (+0.2979)
My analysis
AUD/HKD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 5.7034 HKD. The next resistance located at 5.8625 HKD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 6.0917 HKD. After this resistance, buyers could then target 6.1851 HKD.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
4.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/HKD rating is 5.7938 HKD. The price has increased by +0.13% since the last closing with the lowest point at 5.7781 HKD and the highest point at 5.7964 HKD. The deviation from the price is +0.27% for the low point and -0.04% for the high point.5.7781
5.7964
5.7938
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AUD/HKD in Daily shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.5221 | 5.5889 | 5.7034 | 5.7938 | 5.7938 | 5.8625 | 6.0917 |
| Change (%) | -4.69% | -3.54% | -1.56% | 0% | - | +1.19% | +5.14% |
| Change | -0.2717 | -0.2049 | -0.0904 | 0 | - | +0.0687 | +0.2979 |
| Level | Intermediate | Intermediate | Minor | Major | - | Major | Minor |
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 | 5.6674 | 5.7207 | 5.7536 | 5.8069 | 5.8398 | 5.8931 | 5.9260 |
| Camarilla | 5.7627 | 5.7706 | 5.7785 | 5.7864 | 5.7943 | 5.8022 | 5.8101 |
| Woodie | 5.6571 | 5.7156 | 5.7433 | 5.8018 | 5.8295 | 5.8880 | 5.9157 |
| Fibonacci | 5.7207 | 5.7537 | 5.7740 | 5.8069 | 5.8399 | 5.8602 | 5.8931 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.7352 | 5.7684 | 5.8103 | 5.8435 | 5.8854 | 5.9186 | 5.9605 |
| Camarilla | 5.8316 | 5.8384 | 5.8453 | 5.8522 | 5.8591 | 5.8660 | 5.8729 |
| Woodie | 5.7396 | 5.7706 | 5.8147 | 5.8457 | 5.8898 | 5.9208 | 5.9649 |
| Fibonacci | 5.7684 | 5.7971 | 5.8148 | 5.8435 | 5.8722 | 5.8899 | 5.9186 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.3982 | 5.4988 | 5.6755 | 5.7761 | 5.9528 | 6.0534 | 6.2301 |
| Camarilla | 5.7759 | 5.8014 | 5.8268 | 5.8522 | 5.8776 | 5.9030 | 5.9285 |
| Woodie | 5.4363 | 5.5178 | 5.7136 | 5.7951 | 5.9909 | 6.0724 | 6.2682 |
| Fibonacci | 5.4988 | 5.6047 | 5.6702 | 5.7761 | 5.8820 | 5.9475 | 6.0534 |
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): | 53.50 | |
| MACD (12,26,9): | 0.0333 | |
| Directional Movement: | 4.1381 | |
| AROON (14): | 71.4286 | |
| DEMA (21): | 5.8327 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.8746 | |
| Elder Ray (13): | -0.0204 | |
| Super Trend (3,10): | 5.7197 | |
| Zig ZAG (10): | 5.7925 | |
| VORTEX (21): | 1.1435 | |
| Stochastique (14,3,5): | 53.99 | |
| TEMA (21): | 5.8500 | |
| Williams %R (14): | -61.01 | |
| Chande Momentum Oscillator (20): | 0.0252 | |
| Repulse (5,40,3): | -0.5795 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0945 | |
| Courbe Coppock: | 3.13 |
| MA7: | 5.8312 | |
| MA20: | 5.7877 | |
| MA50: | 5.7266 | |
| MA100: | 5.7414 | |
| MAexp7: | 5.8169 | |
| MAexp20: | 5.7886 | |
| MAexp50: | 5.7536 | |
| MAexp100: | 5.7703 | |
| Price / MA7: | -0.64% | |
| Price / MA20: | +0.11% | |
| Price / MA50: | +1.17% | |
| Price / MA100: | +0.91% | |
| Price / MAexp7: | -0.40% | |
| Price / MAexp20: | +0.09% | |
| Price / MAexp50: | +0.70% | |
| Price / MAexp100: | +0.41% |
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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