AUD/HKD - 1H - Technical analysis published on 01/27/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 5.5246 HKD
My targets
5.5819 HKD (+0.0148)
5.6689 HKD (+0.1018)
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 5.5246 HKD. The buyers' bullish objective is set at 5.5819 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.6689 HKD. If there is any crossing, the next objective would be the resistance located at 5.7116 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 overbought items that could be a sign of a possible short-term correction.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.1
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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 5.5671 HKD. The price is lower by -0.02% since the last closing and was between 5.5545 HKD and 5.5823 HKD. This implies that the price is at +0.23% from its lowest and at -0.27% from its highest.5.5545
5.5823
5.5671
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this AUD/HKD chart shows a strongly bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel 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 | 5.3817 | 5.4768 | 5.5246 | 5.5671 | 5.5819 | 5.7116 | 5.9420 |
| Change (%) | -3.33% | -1.62% | -0.76% | - | +0.27% | +2.60% | +6.73% |
| Change | -0.1854 | -0.0903 | -0.0425 | - | +0.0148 | +0.1445 | +0.3749 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Intermediate | Intermediate |
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 | 5.4944 | 5.5183 | 5.5433 | 5.5672 | 5.5922 | 5.6161 | 5.6411 |
| Camarilla | 5.5550 | 5.5594 | 5.5639 | 5.5684 | 5.5729 | 5.5774 | 5.5819 |
| Woodie | 5.4951 | 5.5186 | 5.5440 | 5.5675 | 5.5929 | 5.6164 | 5.6418 |
| Fibonacci | 5.5183 | 5.5370 | 5.5485 | 5.5672 | 5.5859 | 5.5974 | 5.6161 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.2414 | 5.3115 | 5.3839 | 5.4540 | 5.5264 | 5.5965 | 5.6689 |
| Camarilla | 5.4170 | 5.4301 | 5.4431 | 5.4562 | 5.4693 | 5.4823 | 5.4954 |
| Woodie | 5.2425 | 5.3121 | 5.3850 | 5.4546 | 5.5275 | 5.5971 | 5.6700 |
| Fibonacci | 5.3115 | 5.3660 | 5.3996 | 5.4540 | 5.5085 | 5.5421 | 5.5965 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.89 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 5.9929 | |
| AROON (14): | -100.0000 | |
| DEMA (21): | 5.5670 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.5520 | |
| Elder Ray (13): | -0.0033 | |
| Super Trend (3,10): | 5.5451 | |
| Zig ZAG (10): | 5.5704 | |
| VORTEX (21): | 1.0121 | |
| Stochastique (14,3,5): | 36.45 | |
| TEMA (21): | 5.5647 | |
| Williams %R (14): | -39.05 | |
| Chande Momentum Oscillator (20): | -0.0041 | |
| Repulse (5,40,3): | 0.1344 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0015 | |
| Courbe Coppock: | 0.20 |
| MA7: | 5.5138 | |
| MA20: | 5.4270 | |
| MA50: | 5.3211 | |
| MA100: | 5.2088 | |
| MAexp7: | 5.5653 | |
| MAexp20: | 5.5663 | |
| MAexp50: | 5.5597 | |
| MAexp100: | 5.5391 | |
| Price / MA7: | +0.97% | |
| Price / MA20: | +2.58% | |
| Price / MA50: | +4.62% | |
| Price / MA100: | +6.88% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | +0.13% | |
| Price / MAexp100: | +0.51% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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