GBP/HKD

- HKD (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	GBPHKD
ISIN:

GBP/HKD - 1H - Technical analysis published on 12/12/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

44%

28%

My opinion

Bullish above 9.894 HKD

My targets

9.937 HKD (+0.014)

9.949 HKD (+0.026)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on GBP/HKD as long as the price remains well above 9.894 HKD. The buyers' bullish objective is set at 9.937 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 9.949 HKD. If there is any crossing, the next objective would be the resistance located at 9.965 HKD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

Comment on the analysis

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:

Additional analysis

Quotes

The GBP/HKD rating is 9.923 HKD. The price registered a decrease of -0.02% on the session and was between 9.918 HKD and 9.942 HKD. This implies that the price is at +0.05% from its lowest and at -0.19% from its highest.

9.918

9.942

9.923

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:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of GBP/HKD in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	9.854	9.894	9.922	9.923	9.937	9.949	9.965
Change (%)	-0.70%	-0.29%	-0.01%	-	+0.14%	+0.26%	+0.42%
Change	-0.069	-0.029	-0.001	-	+0.014	+0.026	+0.042
Level	Intermediate	Major	Minor	-	Major	Minor	Minor

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	9.836	9.859	9.892	9.915	9.948	9.971	10.004
Camarilla	9.910	9.915	9.920	9.925	9.930	9.935	9.940
Woodie	9.841	9.862	9.897	9.918	9.953	9.974	10.009
Fibonacci	9.859	9.880	9.894	9.915	9.936	9.950	9.971

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.685	9.751	9.832	9.898	9.979	10.045	10.126
Camarilla	9.872	9.885	9.899	9.912	9.926	9.939	9.952
Woodie	9.692	9.755	9.839	9.902	9.986	10.049	10.133
Fibonacci	9.751	9.808	9.842	9.898	9.955	9.989	10.045

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.286	9.503	9.706	9.923	10.126	10.343	10.546
Camarilla	9.794	9.832	9.871	9.909	9.948	9.986	10.025
Woodie	9.279	9.500	9.699	9.920	10.119	10.340	10.539
Fibonacci	9.503	9.663	9.763	9.923	10.083	10.183	10.343

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):	52.43
MACD (12,26,9):	0.0020
Directional Movement:	6.948
AROON (14):	85.714
DEMA (21):	9.923
Parabolic SAR (0,02-0,02-0,2):	9.902
Elder Ray (13):	-0.001
Super Trend (3,10):	9.901
Zig ZAG (10):	9.922
VORTEX (21):	1.0800
Stochastique (14,3,5):	46.39
TEMA (21):	9.925
Williams %R (14):	-60.00
Chande Momentum Oscillator (20):	0.006
Repulse (5,40,3):	-0.0570
ROCnROLL:	-1
TRIX (15,9):	0.0020
Courbe Coppock:	0.25

MA7:	9.917
MA20:	9.865
MA50:	9.993
MA100:	10.089
MAexp7:	9.923
MAexp20:	9.921
MAexp50:	9.919
MAexp100:	9.915
Price / MA7:	+0.06%
Price / MA20:	+0.59%
Price / MA50:	-0.70%
Price / MA100:	-1.65%
Price / MAexp7:	-0%
Price / MAexp20:	+0.02%
Price / MAexp50:	+0.04%
Price / MAexp100:	+0.08%

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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