JPY/HKD

- HKD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	JPYHKD
ISIN:

JPY/HKD - 1H - Technical analysis published on 01/29/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 0.05015 HKD

My targets

0.05028 HKD (+0.00007)

0.05066 HKD (+0.00045)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on JPY/HKD as long as the price remains well above 0.05015 HKD. The buyers' bullish objective is set at 0.05028 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.05066 HKD. If there is any crossing, the next objective would be the resistance located at 0.05203 HKD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

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

JPY/HKD rating 0.05021 HKD. On the day, this instrument gained +0.26% with the lowest point at 0.05000 HKD and the highest point at 0.05022 HKD. The deviation from the price is +0.42% for the low point and -0.02% for the high point.

0.05000

0.05022

0.05021

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 (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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of JPY/HKD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 85.71% bullish. This strong bullish 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.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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:

Near support of channel

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.04986	0.05002	0.05015	0.05021	0.05028	0.05066	0.05203
Change (%)	-0.70%	-0.38%	-0.12%	-	+0.14%	+0.90%	+3.62%
Change	-0.00035	-0.00019	-0.00006	-	+0.00007	+0.00045	+0.00182
Level	Minor	Intermediate	Minor	-	Major	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.04954	0.04974	0.04991	0.05011	0.05028	0.05048	0.05065
Camarilla	0.04998	0.05001	0.05005	0.05008	0.05011	0.05015	0.05018
Woodie	0.04953	0.04973	0.04990	0.05010	0.05027	0.05047	0.05064
Fibonacci	0.04974	0.04988	0.04997	0.05011	0.05025	0.05034	0.05048

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.04906	0.04937	0.04965	0.04996	0.05024	0.05055	0.05083
Camarilla	0.04976	0.04981	0.04987	0.04992	0.04997	0.05003	0.05008
Woodie	0.04904	0.04936	0.04963	0.04995	0.05022	0.05054	0.05081
Fibonacci	0.04937	0.04960	0.04974	0.04996	0.05019	0.05033	0.05055

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.04498	0.04705	0.04823	0.05030	0.05148	0.05355	0.05473
Camarilla	0.04853	0.04882	0.04912	0.04942	0.04972	0.05002	0.05031
Woodie	0.04455	0.04683	0.04780	0.05008	0.05105	0.05333	0.05430
Fibonacci	0.04705	0.04829	0.04906	0.05030	0.05154	0.05231	0.05355

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):	57.52
MACD (12,26,9):	0.0000
Directional Movement:	8.65921
AROON (14):	-71.42857
DEMA (21):	0.05009
Parabolic SAR (0,02-0,02-0,2):	0.05023
Elder Ray (13):	0.00008
Super Trend (3,10):	0.05024
Zig ZAG (10):	0.05018
VORTEX (21):	1.1290
Stochastique (14,3,5):	74.25
TEMA (21):	0.05010
Williams %R (14):	-5.26
Chande Momentum Oscillator (20):	0.00013
Repulse (5,40,3):	0.1155
ROCnROLL:	1
TRIX (15,9):	-0.0076
Courbe Coppock:	0.07

MA7:	0.05002
MA20:	0.04969
MA50:	0.05025
MA100:	0.05130
MAexp7:	0.05012
MAexp20:	0.05010
MAexp50:	0.05011
MAexp100:	0.05008
Price / MA7:	+0.38%
Price / MA20:	+1.05%
Price / MA50:	-0.08%
Price / MA100:	-2.12%
Price / MAexp7:	+0.18%
Price / MAexp20:	+0.22%
Price / MAexp50:	+0.20%
Price / MAexp100:	+0.26%

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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