EUR/HKD - 1H - Technical analysis published on 03/03/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 9.3618 HKD
My targets
9.3901 HKD (+0.0146)
9.4164 HKD (+0.0409)
My analysis
EUR/HKD is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 9.3618 HKD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 9.3901 HKD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 9.4164 HKD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 9.4367 HKD. Beware of a possible return to under the support located at 9.3618 HKD which would be the sign of a correction of the bullish excesses registered in the short term.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.5
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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
EUR/HKD rating 9.3755 HKD. On the day, this instrument gained +0.01% and was traded between 9.3698 HKD and 9.3824 HKD over the period. The price is currently at +0.06% from its lowest and -0.07% from its highest.9.3698
9.3824
9.3755
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EUR/HKD in 1H shows an overall slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 6 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 9.3021 | 9.3301 | 9.3618 | 9.3755 | 9.3901 | 9.4164 | 9.4367 |
| Change (%) | -0.78% | -0.48% | -0.15% | - | +0.16% | +0.44% | +0.65% |
| Change | -0.0734 | -0.0454 | -0.0137 | - | +0.0146 | +0.0409 | +0.0612 |
| Level | Intermediate | Minor | Major | - | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 9.2450 | 9.2735 | 9.3242 | 9.3527 | 9.4034 | 9.4319 | 9.4826 |
| Camarilla | 9.3530 | 9.3603 | 9.3675 | 9.3748 | 9.3821 | 9.3893 | 9.3966 |
| Woodie | 9.2560 | 9.2791 | 9.3352 | 9.3583 | 9.4144 | 9.4375 | 9.4936 |
| Fibonacci | 9.2735 | 9.3038 | 9.3225 | 9.3527 | 9.3830 | 9.4017 | 9.4319 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.1785 | 9.2670 | 9.3157 | 9.4042 | 9.4529 | 9.5414 | 9.5901 |
| Camarilla | 9.3267 | 9.3393 | 9.3518 | 9.3644 | 9.3770 | 9.3896 | 9.4021 |
| Woodie | 9.1586 | 9.2571 | 9.2958 | 9.3943 | 9.4330 | 9.5315 | 9.5702 |
| Fibonacci | 9.2670 | 9.3194 | 9.3518 | 9.4042 | 9.4566 | 9.4890 | 9.5414 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.0292 | 9.1475 | 9.2560 | 9.3743 | 9.4828 | 9.6011 | 9.7096 |
| Camarilla | 9.3020 | 9.3228 | 9.3436 | 9.3644 | 9.3852 | 9.4060 | 9.4268 |
| Woodie | 9.0242 | 9.1451 | 9.2510 | 9.3719 | 9.4778 | 9.5987 | 9.7046 |
| Fibonacci | 9.1475 | 9.2342 | 9.2877 | 9.3743 | 9.4610 | 9.5145 | 9.6011 |
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): | 58.82 | |
| MACD (12,26,9): | 0.0083 | |
| Directional Movement: | 9.4521 | |
| AROON (14): | 57.1429 | |
| DEMA (21): | 9.3766 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.3821 | |
| Elder Ray (13): | 0.0009 | |
| Super Trend (3,10): | 9.3547 | |
| Zig ZAG (10): | 9.3730 | |
| VORTEX (21): | 1.3559 | |
| Stochastique (14,3,5): | 43.27 | |
| TEMA (21): | 9.3839 | |
| Williams %R (14): | -56.69 | |
| Chande Momentum Oscillator (20): | 0.0007 | |
| Repulse (5,40,3): | 0.0052 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0139 | |
| Courbe Coppock: | 0.38 |
| MA7: | 9.3923 | |
| MA20: | 9.3805 | |
| MA50: | 9.4145 | |
| MA100: | 9.3240 | |
| MAexp7: | 9.3747 | |
| MAexp20: | 9.3664 | |
| MAexp50: | 9.3631 | |
| MAexp100: | 9.3746 | |
| Price / MA7: | -0.18% | |
| Price / MA20: | -0.05% | |
| Price / MA50: | -0.41% | |
| Price / MA100: | +0.55% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.13% | |
| Price / MAexp100: | +0.01% |
Quotes :
2021-03-03 07:22:28
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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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