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

AUD/HKD - 1H - Technical analysis published on 08/25/2022 (GMT)

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  • Timeframe : 1H
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 5.4360 HKD
My targets
5.4516 HKD (+0.0091)
5.4678 HKD (+0.0253)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/HKD as long as the price remains well above 5.4360 HKD. The buyers' bullish objective is set at 5.4516 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.4678 HKD. If there is any crossing, the next objective would be the resistance located at 5.4952 HKD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8

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:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/HKD price is 5.4425 HKD. On the day, this instrument gained +0.46% and was between 5.4153 HKD and 5.4464 HKD. This implies that the price is at +0.50% from its lowest and at -0.07% from its highest.

5.4153
5.4464
5.4425

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.

Central Gaps

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

Central Records

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


Technical analysis of AUD/HKD in 1H shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

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 5.3807 5.3979 5.4360 5.4425 5.4516 5.4678 5.4952
Change (%) -1.14% -0.82% -0.12% - +0.17% +0.46% +0.97%
Change -0.0618 -0.0446 -0.0065 - +0.0091 +0.0253 +0.0527
Level Intermediate Minor Major - Intermediate Intermediate Minor



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
Standard5.35945.37865.39815.41735.43685.45605.4755
Camarilla5.40715.41065.41425.41775.42135.42485.4283
Woodie5.35975.37875.39845.41745.43715.45615.4758
Fibonacci5.37865.39345.40255.41735.43215.44125.4560


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.11525.24845.31865.45185.52205.65525.7254
Camarilla5.33285.35145.37015.38875.40745.42605.4446
Woodie5.08365.23275.28705.43615.49045.63955.6938
Fibonacci5.24845.32615.37415.45185.52955.57755.6552


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.04135.14335.31605.41805.59075.69275.8654
Camarilla5.41325.43835.46355.48875.51395.53915.5642
Woodie5.07675.16105.35145.43575.62615.71045.9008
Fibonacci5.14335.24825.31315.41805.52295.58785.6927

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): 64.52
MACD (12,26,9): 0.0028
Directional Movement: 16.2662
AROON (14): 85.7143
DEMA (21): 5.4259
Parabolic SAR (0,02-0,02-0,2): 5.3984
Elder Ray (13): 0.0120
Super Trend (3,10): 5.4021
Zig ZAG (10): 5.4464
VORTEX (21): 1.0657
Stochastique (14,3,5): 84.64
TEMA (21): 5.4275
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.0422
Repulse (5,40,3): 0.5589
ROCnROLL: 1
TRIX (15,9): 0.0012
Courbe Coppock: 0.31
MA7: 5.4194
MA20: 5.4670
MA50: 5.4248
MA100: 5.5172
MAexp7: 5.4278
MAexp20: 5.4227
MAexp50: 5.4196
MAexp100: 5.4248
Price / MA7: +0.43%
Price / MA20: -0.45%
Price / MA50: +0.33%
Price / MA100: -1.35%
Price / MAexp7: +0.27%
Price / MAexp20: +0.37%
Price / MAexp50: +0.42%
Price / MAexp100: +0.33%

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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