EUR/HKD - 1H - Technical analysis published on 01/18/2021 (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
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 9.4042 HKD
My targets
9.2801 HKD (-0.0836)
9.1996 HKD (-0.1641)
My analysis
EUR/HKD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 9.4042 HKD. The next support located at 9.2801 HKD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 9.1996 HKD. Below this support, sellers could then target 9.0489 HKD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/HKD rating is 9.3637 HKD. On the day, this instrument lost -0.01% and was traded between 9.3545 HKD and 9.3714 HKD over the period. The price is currently at +0.10% from its lowest and -0.08% from its highest.9.3545
9.3714
9.3637
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.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EUR/HKD:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EUR/HKD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 5 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.0489 | 9.1996 | 9.3618 | 9.3637 | 9.4431 | 9.4773 | 9.5243 |
| Change (%) | -3.36% | -1.75% | -0.02% | - | +0.85% | +1.21% | +1.72% |
| Change | -0.3148 | -0.1641 | -0.0019 | - | +0.0794 | +0.1136 | +0.1606 |
| Level | Major | Intermediate | Major | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.2739 | 9.3180 | 9.3412 | 9.3853 | 9.4085 | 9.4526 | 9.4758 |
| Camarilla | 9.3459 | 9.3521 | 9.3582 | 9.3644 | 9.3706 | 9.3767 | 9.3829 |
| Woodie | 9.2635 | 9.3128 | 9.3308 | 9.3801 | 9.3981 | 9.4474 | 9.4654 |
| Fibonacci | 9.3180 | 9.3437 | 9.3596 | 9.3853 | 9.4110 | 9.4269 | 9.4526 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.1982 | 9.2801 | 9.3223 | 9.4042 | 9.4464 | 9.5283 | 9.5705 |
| Camarilla | 9.3303 | 9.3417 | 9.3530 | 9.3644 | 9.3758 | 9.3872 | 9.3985 |
| Woodie | 9.1783 | 9.2702 | 9.3024 | 9.3943 | 9.4265 | 9.5184 | 9.5506 |
| Fibonacci | 9.2801 | 9.3275 | 9.3568 | 9.4042 | 9.4516 | 9.4809 | 9.5283 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.0082 | 9.1303 | 9.2996 | 9.4217 | 9.5910 | 9.7131 | 9.8824 |
| Camarilla | 9.3889 | 9.4156 | 9.4423 | 9.4690 | 9.4957 | 9.5224 | 9.5491 |
| Woodie | 9.0319 | 9.1421 | 9.3233 | 9.4335 | 9.6147 | 9.7249 | 9.9061 |
| Fibonacci | 9.1303 | 9.2416 | 9.3104 | 9.4217 | 9.5330 | 9.6018 | 9.7131 |
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): | 36.78 | |
| MACD (12,26,9): | -0.0106 | |
| Directional Movement: | -14.9542 | |
| AROON (14): | -7.1428 | |
| DEMA (21): | 9.3553 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.3552 | |
| Elder Ray (13): | -0.0065 | |
| Super Trend (3,10): | 9.3854 | |
| Zig ZAG (10): | 9.3597 | |
| VORTEX (21): | 0.7980 | |
| Stochastique (14,3,5): | 31.30 | |
| TEMA (21): | 9.3546 | |
| Williams %R (14): | -79.29 | |
| Chande Momentum Oscillator (20): | -0.0064 | |
| Repulse (5,40,3): | -0.0723 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0190 | |
| Courbe Coppock: | 0.25 |
| MA7: | 9.4223 | |
| MA20: | 9.4690 | |
| MA50: | 9.3606 | |
| MA100: | 9.2448 | |
| MAexp7: | 9.3628 | |
| MAexp20: | 9.3701 | |
| MAexp50: | 9.3903 | |
| MAexp100: | 9.4118 | |
| Price / MA7: | -0.62% | |
| Price / MA20: | -1.11% | |
| Price / MA50: | +0.03% | |
| Price / MA100: | +1.29% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | -0.28% | |
| Price / MAexp100: | -0.51% |
Quotes :
2021-01-18 08:46:22
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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