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

CAD/HKD - 1H - Technical analysis published on 11/21/2024 (GMT)

  • 134
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bullish
Technical indicators
6%
50%
44%
My opinion
Neutral between 5.5540 HKD and 5.5793 HKD
My targets
-
My analysis
The short-term decline on CAD/HKD remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 5.5540 HKD. The first resistance is located at 5.5793 HKD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, technical indicators are bearish and could soon allow change to a bearish sentiment.

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 CAD/HKD rating is 5.5708 HKD. The price is lower by -0.01% since the last closing with the lowest point at 5.5677 HKD and the highest point at 5.5862 HKD. The deviation from the price is +0.06% for the low point and -0.28% for the high point.

5.5677
5.5862
5.5708

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


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


A technical analysis in 1H of this CAD/HKD chart shows a slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour



In fact, only 9 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5.5300 5.5540 5.5695 5.5708 5.5793 5.5859 5.5956
Change (%) -0.73% -0.30% -0.02% - +0.15% +0.27% +0.45%
Change -0.0408 -0.0168 -0.0013 - +0.0085 +0.0151 +0.0248
Level Minor Intermediate Intermediate - 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
Standard5.53215.54315.55735.56835.58255.59355.6077
Camarilla5.56475.56705.56935.57165.57395.57625.5785
Woodie5.53385.54395.55905.56915.58425.59435.6094
Fibonacci5.54315.55275.55865.56835.57795.58385.5935


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.42305.47125.49915.54735.57525.62345.6513
Camarilla5.50605.51305.51995.52695.53395.54095.5478
Woodie5.41285.46615.48895.54225.56505.61835.6411
Fibonacci5.47125.50035.51835.54735.57645.59445.6234


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.32055.44735.51315.63995.70575.83255.8983
Camarilla5.52585.54355.56125.57885.59655.61415.6318
Woodie5.28995.43215.48255.62475.67515.81735.8677
Fibonacci5.44735.52095.56645.63995.71355.75905.8325

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): 45.53
MACD (12,26,9): 0.0008
Directional Movement: -5.6545
AROON (14): 42.8571
DEMA (21): 5.5743
Parabolic SAR (0,02-0,02-0,2): 5.5842
Elder Ray (13): -0.0027
Super Trend (3,10): 5.5674
Zig ZAG (10): 5.5712
VORTEX (21): 0.9959
Stochastique (14,3,5): 16.40
TEMA (21): 5.5733
Williams %R (14): -82.70
Chande Momentum Oscillator (20): -0.0003
Repulse (5,40,3): -0.0261
ROCnROLL: -1
TRIX (15,9): 0.0045
Courbe Coppock: 0.03
MA7: 5.5560
MA20: 5.5773
MA50: 5.6507
MA100: 5.6802
MAexp7: 5.5726
MAexp20: 5.5727
MAexp50: 5.5690
MAexp100: 5.5641
Price / MA7: +0.27%
Price / MA20: -0.12%
Price / MA50: -1.41%
Price / MA100: -1.93%
Price / MAexp7: -0.03%
Price / MAexp20: -0.03%
Price / MAexp50: +0.03%
Price / MAexp100: +0.12%

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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