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 07/17/2024 (GMT)

  • 176
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bullish
Technical indicators
33%
17%
50%
My opinion
Neutral between 7.8051 HKD and 7.8088 HKD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on USD/HKD. It is difficult to advise a trading direction under these conditions. The first resistance is located at 7.8088 HKD. The first support is located at 7.8051 HKD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

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:
15 min. Daily Weekly

Additional analysis

Quotes

The USD/HKD rating is 7.8068 HKD. The price is lower by -0.01% since the last closing and was traded between 7.8050 HKD and 7.8087 HKD over the period. The price is currently at +0.02% from its lowest and -0.02% from its highest.

7.8050
7.8087
7.8068

A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

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


A technical analysis in 1H of this USD/HKD chart shows a slightly bullish trend. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



On the 18 technical indicators analysed, 6 are bullish, 9 are neutral and 3 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 7.8035 7.8051 7.8060 7.8068 7.8071 7.8088 7.8113
Change (%) -0.04% -0.02% -0.01% - +0.00% +0.03% +0.06%
Change -0.0033 -0.0017 -0.0008 - +0.0003 +0.0020 +0.0045
Level Intermediate Intermediate Minor - Intermediate Major Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.79927.80147.80447.80667.80967.81187.8148
Camarilla7.80617.80667.80707.80757.80807.80857.8089
Woodie7.79977.80167.80497.80687.81017.81207.8153
Fibonacci7.80147.80347.80467.80667.80867.80987.8118


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.79617.80067.80427.80877.81237.81687.8204
Camarilla7.80557.80627.80707.80777.80847.80927.8099
Woodie7.79567.80047.80377.80857.81187.81667.8199
Fibonacci7.80067.80377.80567.80877.81187.81377.8168


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.77897.79037.79947.81087.81997.83137.8404
Camarilla7.80297.80477.80667.80857.81047.81237.8141
Woodie7.77787.78977.79837.81027.81887.83077.8393
Fibonacci7.79037.79817.80307.81087.81867.82357.8313

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): 54.66
MACD (12,26,9): 0.0002
Directional Movement: 3.4553
AROON (14): 35.7143
DEMA (21): 7.8076
Parabolic SAR (0,02-0,02-0,2): 7.8067
Elder Ray (13): 0.0002
Super Trend (3,10): 7.8090
Zig ZAG (10): 7.8077
VORTEX (21): 1.1092
Stochastique (14,3,5): 46.45
TEMA (21): 7.8076
Williams %R (14): -52.38
Chande Momentum Oscillator (20): 0.0003
Repulse (5,40,3): 0.0084
ROCnROLL: 1
TRIX (15,9): 0.0004
Courbe Coppock: 0.01
MA7: 7.8085
MA20: 7.8090
MA50: 7.8097
MA100: 7.8177
MAexp7: 7.8074
MAexp20: 7.8073
MAexp50: 7.8070
MAexp100: 7.8073
Price / MA7: -0.02%
Price / MA20: -0.03%
Price / MA50: -0.04%
Price / MA100: -0.14%
Price / MAexp7: -0.01%
Price / MAexp20: -0.01%
Price / MAexp50: +0.00%
Price / MAexp100: -0.01%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15873
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis USD/HKD - 1H