AUD/HKD
AUD HKD
- HKD (-1.47%)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDHKD
ISIN:

AUD/HKD - 1H - Technical analysis published on 10/02/2024 (GMT)

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  • 10/02/2024 - 14:25
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  • Timeframe : 1H
  • - Analysis generated on 10/02/2024 - 14:25
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 5.3516 HKD
My targets
5.3201 HKD (-0.0249)
5.2974 HKD (-0.0476)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/HKD as long as the price remains well below 5.3516 HKD. The sellers' bearish objective is set at 5.3201 HKD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 5.2974 HKD. In case of crossing, the next objective would be the support located at 5.1884 HKD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7

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 5.3450 HKD. On the day, this instrument lost -0.04% and was between 5.3397 HKD and 5.3708 HKD. This implies that the price is at +0.10% from its lowest and at -0.48% from its highest.

5.3397
5.3708
5.3450

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-10-50510January 1st3 years1 year6 months1 month5 daysToday
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of AUD/HKD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour



In fact, 10 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5.2974 5.3201 5.3432 5.3450 5.3516 5.3617 5.3766
Change (%) -0.89% -0.47% -0.03% - +0.12% +0.31% +0.59%
Change -0.0476 -0.0249 -0.0018 - +0.0066 +0.0167 +0.0316
Level Major Minor Minor - Major 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
Standard5.25965.29435.32085.35555.38205.41675.4432
Camarilla5.33045.33605.34165.34725.35285.35845.3640
Woodie5.25545.29235.31665.35355.37785.41475.4390
Fibonacci5.29435.31775.33225.35555.37895.39345.4167


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.20915.25125.30785.34995.40655.44865.5052
Camarilla5.33735.34635.35545.36445.37355.38255.3915
Woodie5.21645.25485.31515.35355.41385.45225.5125
Fibonacci5.25125.28895.31225.34995.38765.41095.4486


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.99735.08085.22835.31185.45935.54285.6903
Camarilla5.31225.33345.35455.37575.39695.41815.4392
Woodie5.02925.09685.26025.32785.49125.55885.7222
Fibonacci5.08085.16915.22365.31185.40015.45465.5428

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
Created with Raphaël 2.3.0Sell10
Moving averages
Created with Raphaël 2.3.0Sell25

RSI (14): 44.20
MACD (12,26,9): -0.0035
Directional Movement: -11.1466
AROON (14): -14.2857
DEMA (21): 5.3495
Parabolic SAR (0,02-0,02-0,2): 5.3702
Elder Ray (13): -0.0038
Super Trend (3,10): 5.3799
Zig ZAG (10): 5.3512
VORTEX (21): 1.0780
Stochastique (14,3,5): 32.15
TEMA (21): 5.3497
Williams %R (14): -68.17
Chande Momentum Oscillator (20): -0.0162
Repulse (5,40,3): -0.0673
ROCnROLL: 2
TRIX (15,9): -0.0107
Courbe Coppock: 0.06
MA7: 5.3545
MA20: 5.2857
MA50: 5.2243
MA100: 5.2155
MAexp7: 5.3508
MAexp20: 5.3536
MAexp50: 5.3598
MAexp100: 5.3590
Price / MA7: -0.18%
Price / MA20: +1.12%
Price / MA50: +2.31%
Price / MA100: +2.48%
Price / MAexp7: -0.11%
Price / MAexp20: -0.16%
Price / MAexp50: -0.28%
Price / MAexp100: -0.26%

Quotes : 10/02/2024 - 14:25 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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