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

USD/HKD - 1H - Technical analysis published on 08/17/2023 (GMT)

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Londinia
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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
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 7.8271 HKD
My targets
7.8376 HKD (+0.0070)
7.8500 HKD (+0.0194)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on USD/HKD as long as the price remains well above 7.8271 HKD. The buyers' bullish objective is set at 7.8376 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.8500 HKD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.2

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 USD/HKD price is 7.8306 HKD. The price registered a decrease of -0.01% on the session and was traded between 7.8286 HKD and 7.8332 HKD over the period. The price is currently at +0.03% from its lowest and -0.03% from its highest.

7.8286
7.8332
7.8306

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 USD/HKD:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this USD/HKD chart shows a strongly bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with adaptative 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.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

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



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 7.8222 7.8271 7.8295 7.8306 7.8320 7.8376 7.8500
Change (%) -0.11% -0.04% -0.01% - +0.02% +0.09% +0.25%
Change -0.0084 -0.0035 -0.0011 - +0.0014 +0.0070 +0.0194
Level Major Minor Major - Intermediate Intermediate Major



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
Standard7.81587.81937.82517.82867.83447.83797.8437
Camarilla7.82847.82937.83027.83107.83197.83277.8336
Woodie7.81717.81997.82647.82927.83577.83857.8450
Fibonacci7.81937.82287.82507.82867.83217.83437.8379


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.79187.79867.80797.81477.82407.83087.8401
Camarilla7.81297.81447.81587.81737.81887.82037.8217
Woodie7.79327.79927.80937.81537.82547.83147.8415
Fibonacci7.79867.80477.80857.81477.82087.82467.8308


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.73797.76597.78197.80997.82597.85397.8699
Camarilla7.78587.78987.79397.79797.80197.80607.8100
Woodie7.73197.76297.77597.80697.81997.85097.8639
Fibonacci7.76597.78277.79317.80997.82677.83717.8539

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): 57.13
MACD (12,26,9): 0.0015
Directional Movement: 4.4545
AROON (14): 0
DEMA (21): 7.8325
Parabolic SAR (0,02-0,02-0,2): 7.8288
Elder Ray (13): 0.0005
Super Trend (3,10): 7.8278
Zig ZAG (10): 7.8309
VORTEX (21): 1.1415
Stochastique (14,3,5): 73.19
TEMA (21): 7.8323
Williams %R (14): -50.00
Chande Momentum Oscillator (20): -0.0004
Repulse (5,40,3): -0.0063
ROCnROLL: -1
TRIX (15,9): 0.0031
Courbe Coppock: 0.04
MA7: 7.8232
MA20: 7.8121
MA50: 7.8205
MA100: 7.8314
MAexp7: 7.8316
MAexp20: 7.8304
MAexp50: 7.8273
MAexp100: 7.8238
Price / MA7: +0.09%
Price / MA20: +0.24%
Price / MA50: +0.13%
Price / MA100: -0.01%
Price / MAexp7: -0.01%
Price / MAexp20: +0.00%
Price / MAexp50: +0.04%
Price / MAexp100: +0.09%

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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Londinia
Londinia AI

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