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 09/11/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 5.0227 HKD
My targets
5.0520 HKD (+0.0061)
5.0802 HKD (+0.0343)
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 5.0227 HKD. The next resistance located at 5.0520 HKD is the next bullish objective 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 5.0802 HKD. After this resistance, buyers could then target 5.0912 HKD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
8.8

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

AUD/HKD rating 5.0459 HKD. The price registered an increase of +0.95% on the session and was traded between 4.9975 HKD and 5.0485 HKD over the period. The price is currently at +0.97% from its lowest and -0.05% from its highest.

4.9975
5.0485
5.0459

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

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. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

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 4.8681 4.9892 5.0227 5.0459 5.0520 5.0802 5.0912
Change (%) -3.52% -1.12% -0.46% - +0.12% +0.68% +0.90%
Change -0.1778 -0.0567 -0.0232 - +0.0061 +0.0343 +0.0453
Level Major Intermediate Intermediate - Intermediate Minor 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
Standard4.94594.96774.98295.00475.01995.04175.0569
Camarilla4.98804.99144.99484.99825.00165.00505.0084
Woodie4.94274.96614.97975.00315.01675.04015.0537
Fibonacci4.96774.98184.99055.00475.01885.02755.0417


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.86564.92504.96165.02105.05765.11705.1536
Camarilla4.97184.98064.98944.99825.00705.01585.0246
Woodie4.85424.91934.95025.01535.04625.11135.1422
Fibonacci4.92504.96174.98435.02105.05775.08035.1170


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.70824.84644.96725.10545.22625.36445.4852
Camarilla5.01695.04065.06445.08815.11185.13565.1593
Woodie4.69964.84214.95865.10115.21765.36015.4766
Fibonacci4.84644.94535.00645.10545.20435.26545.3644

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): 74.22
MACD (12,26,9): 0.0089
Directional Movement: 26.2198
AROON (14): 85.7142
DEMA (21): 5.0303
Parabolic SAR (0,02-0,02-0,2): 5.0143
Elder Ray (13): 0.0181
Super Trend (3,10): 5.0162
Zig ZAG (10): 5.0441
VORTEX (21): 1.1561
Stochastique (14,3,5): 94.17
TEMA (21): 5.0379
Williams %R (14): -4.81
Chande Momentum Oscillator (20): 0.0478
Repulse (5,40,3): 0.3122
ROCnROLL: 1
TRIX (15,9): 0.0130
Courbe Coppock: 1.16
MA7: 5.0239
MA20: 5.0380
MA50: 5.1445
MA100: 5.1866
MAexp7: 5.0343
MAexp20: 5.0204
MAexp50: 5.0132
MAexp100: 5.0164
Price / MA7: +0.44%
Price / MA20: +0.16%
Price / MA50: -1.92%
Price / MA100: -2.71%
Price / MAexp7: +0.23%
Price / MAexp20: +0.51%
Price / MAexp50: +0.65%
Price / MAexp100: +0.59%

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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