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 01/11/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

83%

17%

My opinion

Bullish above 5.3472 HKD

My targets

5.4832 HKD (+0.1012)

5.5819 HKD (+0.1999)

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 5.3472 HKD. The buyers' bullish objective is set at 5.4832 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.5819 HKD. If there is any crossing, the next objective would be the resistance located at 5.7116 HKD.

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

7.3

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

The AUD/HKD rating is 5.3820 HKD. On the day, this instrument gained +0.00% with the lowest point at 5.3777 HKD and the highest point at 5.3994 HKD. The deviation from the price is +0.08% for the low point and -0.32% for the high point.

5.3777

5.3994

5.3820

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

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, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of AUD/HKD in Daily shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	5.0480	5.2045	5.3472	5.3820	5.5819	5.7116	5.8390
Change (%)	-6.21%	-3.30%	-0.65%	-	+3.71%	+6.12%	+8.49%
Change	-0.3340	-0.1775	-0.0348	-	+0.1999	+0.3296	+0.4570
Level	Minor	Intermediate	Major	-	Minor	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.3019	5.3291	5.3557	5.3829	5.4095	5.4367	5.4633
Camarilla	5.3674	5.3723	5.3773	5.3822	5.3871	5.3921	5.3970
Woodie	5.3015	5.3290	5.3553	5.3828	5.4091	5.4366	5.4629
Fibonacci	5.3291	5.3497	5.3624	5.3829	5.4035	5.4162	5.4367

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.1095	5.1676	5.2676	5.3257	5.4257	5.4838	5.5838
Camarilla	5.3242	5.3387	5.3532	5.3677	5.3822	5.3967	5.4112
Woodie	5.1306	5.1781	5.2887	5.3362	5.4468	5.4943	5.6049
Fibonacci	5.1676	5.2280	5.2653	5.3257	5.3861	5.4234	5.4838

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.9956	5.0776	5.1984	5.2804	5.4012	5.4832	5.6040
Camarilla	5.2633	5.2819	5.3005	5.3191	5.3377	5.3563	5.3749
Woodie	5.0149	5.0873	5.2177	5.2901	5.4205	5.4929	5.6233
Fibonacci	5.0776	5.1551	5.2030	5.2804	5.3579	5.4058	5.4832

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):	60.17
MACD (12,26,9):	0.0386
Directional Movement:	6.5582
AROON (14):	85.7143
DEMA (21):	5.3506
Parabolic SAR (0,02-0,02-0,2):	5.2419
Elder Ray (13):	0.0643
Super Trend (3,10):	5.1782
Zig ZAG (10):	5.3812
VORTEX (21):	1.0940
Stochastique (14,3,5):	83.57
TEMA (21):	5.3644
Williams %R (14):	-19.06
Chande Momentum Oscillator (20):	0.1149
Repulse (5,40,3):	0.2771
ROCnROLL:	1
TRIX (15,9):	0.0726
Courbe Coppock:	4.42

MA7:	5.3411
MA20:	5.2798
MA50:	5.2435
MA100:	5.1936
MAexp7:	5.3510
MAexp20:	5.3034
MAexp50:	5.2529
MAexp100:	5.2568
Price / MA7:	+0.77%
Price / MA20:	+1.94%
Price / MA50:	+2.64%
Price / MA100:	+3.63%
Price / MAexp7:	+0.58%
Price / MAexp20:	+1.48%
Price / MAexp50:	+2.46%
Price / MAexp100:	+2.38%

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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