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

EUR/HKD - 1H - Technical analysis published on 02/11/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 8.0689 HKD
My targets
8.0076 HKD (-0.0152)
7.9791 HKD (-0.0437)
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 8.0689 HKD. The next support located at 8.0076 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 7.9791 HKD. Below this support, sellers could then target 7.9563 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
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.

Londinia
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 EUR/HKD price is 8.0228 HKD. On the day, this instrument lost -0.01% and was between 8.0177 HKD and 8.0283 HKD. This implies that the price is at +0.06% from its lowest and at -0.07% from its highest.

8.0177
8.0283
8.0228

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by EUR/HKD:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1 year)

Type : Bearish

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 this 1H chart of EUR/HKD indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed 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, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 3 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

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



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 7.9563 7.9791 8.0076 8.0228 8.0258 8.0689 8.1098
Change (%) -0.83% -0.54% -0.19% - +0.04% +0.57% +1.08%
Change -0.0665 -0.0437 -0.0152 - +0.0030 +0.0461 +0.0870
Level Major Major Major - Minor Major Intermediate



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
Standard7.95897.98338.00338.02778.04778.07218.0921
Camarilla8.01128.01538.01938.02348.02758.03158.0356
Woodie7.95687.98228.00128.02668.04568.07108.0900
Fibonacci7.98338.00028.01078.02778.04468.05518.0721


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.78167.86907.95748.04488.13328.22068.3090
Camarilla7.99768.01378.02988.04598.06208.07818.0943
Woodie7.78227.86937.95808.04518.13388.22098.3096
Fibonacci7.86907.93617.97768.04488.11198.15348.2206


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.65747.79187.93308.06748.20868.34308.4842
Camarilla7.99858.02388.04908.07438.09968.12488.1501
Woodie7.66097.79357.93658.06918.21218.34478.4877
Fibonacci7.79187.89717.96218.06748.17278.23778.3430

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
Moving averages

RSI (14): 35.79
MACD (12,26,9): -0.0063
Directional Movement: -14.2718
AROON (14): -92.8571
DEMA (21): 8.0213
Parabolic SAR (0,02-0,02-0,2): 8.0373
Elder Ray (13): -0.0069
Super Trend (3,10): 8.0415
Zig ZAG (10): 8.0216
VORTEX (21): 0.9194
Stochastique (14,3,5): 14.03
TEMA (21): 8.0225
Williams %R (14): -80.26
Chande Momentum Oscillator (20): -0.0118
Repulse (5,40,3): -0.0100
ROCnROLL: 2
TRIX (15,9): -0.0106
Courbe Coppock: 0.34
MA7: 8.0570
MA20: 8.0793
MA50: 8.0922
MA100: 8.2493
MAexp7: 8.0241
MAexp20: 8.0297
MAexp50: 8.0428
MAexp100: 8.0553
Price / MA7: -0.42%
Price / MA20: -0.70%
Price / MA50: -0.86%
Price / MA100: -2.75%
Price / MAexp7: -0.02%
Price / MAexp20: -0.09%
Price / MAexp50: -0.25%
Price / MAexp100: -0.40%

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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