USD/HKD - 1H - Technical analysis published on 01/31/2025 (GMT)
- 55
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : IN PROGRESS...
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
28%
22%
50%
My opinion
Bullish above
My targets
()
()
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on USD/HKD. As long as you are above the support located at , traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at as an objective. Crossing it would then enable buyers to target . If the support were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.4
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/HKD rating is 7.7919 HKD. On the day, this instrument gained +0.01% and was between 7.7909 HKD and 7.7937 HKD. This implies that the price is at +0.01% from its lowest and at -0.02% from its highest.7.7909
7.7937
7.7919
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of USD/HKD indicates that the overall trend is bullish. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 9 are neutral and 4 are bearish. 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 resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.7865 | 7.7891 | 7.7904 | 7.7919 | 7.7922 | 7.7941 | 7.8019 |
| Change (%) | -0.07% | -0.04% | -0.02% | - | +0.00% | +0.03% | +0.13% |
| Change | -0.0054 | -0.0028 | -0.0015 | - | +0.0003 | +0.0022 | +0.0100 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 7.7868 | 7.7886 | 7.7900 | 7.7918 | 7.7932 | 7.7950 | 7.7964 |
| Camarilla | 7.7905 | 7.7908 | 7.7911 | 7.7914 | 7.7917 | 7.7920 | 7.7923 |
| Woodie | 7.7866 | 7.7885 | 7.7898 | 7.7917 | 7.7930 | 7.7949 | 7.7962 |
| Fibonacci | 7.7886 | 7.7898 | 7.7906 | 7.7918 | 7.7930 | 7.7938 | 7.7950 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.7663 | 7.7723 | 7.7796 | 7.7856 | 7.7929 | 7.7989 | 7.8062 |
| Camarilla | 7.7832 | 7.7845 | 7.7857 | 7.7869 | 7.7881 | 7.7893 | 7.7906 |
| Woodie | 7.7670 | 7.7726 | 7.7803 | 7.7859 | 7.7936 | 7.7992 | 7.8069 |
| Fibonacci | 7.7723 | 7.7774 | 7.7805 | 7.7856 | 7.7907 | 7.7938 | 7.7989 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.7304 | 7.7447 | 7.7565 | 7.7708 | 7.7826 | 7.7969 | 7.8087 |
| Camarilla | 7.7611 | 7.7635 | 7.7659 | 7.7683 | 7.7707 | 7.7731 | 7.7755 |
| Woodie | 7.7292 | 7.7441 | 7.7553 | 7.7702 | 7.7814 | 7.7963 | 7.8075 |
| Fibonacci | 7.7447 | 7.7547 | 7.7608 | 7.7708 | 7.7808 | 7.7869 | 7.7969 |
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): | 50.73 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 3.1343 | |
| AROON (14): | 28.5714 | |
| DEMA (21): | 7.7927 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.7931 | |
| Elder Ray (13): | -0.0002 | |
| Super Trend (3,10): | 7.7901 | |
| Zig ZAG (10): | 7.7923 | |
| VORTEX (21): | 1.0315 | |
| Stochastique (14,3,5): | 57.25 | |
| TEMA (21): | 7.7926 | |
| Williams %R (14): | -36.36 | |
| Chande Momentum Oscillator (20): | 0.0000 | |
| Repulse (5,40,3): | -0.0027 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0006 | |
| Courbe Coppock: | 0.02 |
| MA7: | 7.7901 | |
| MA20: | 7.7858 | |
| MA50: | 7.7799 | |
| MA100: | 7.7784 | |
| MAexp7: | 7.7925 | |
| MAexp20: | 7.7923 | |
| MAexp50: | 7.7917 | |
| MAexp100: | 7.7909 | |
| Price / MA7: | +0.02% | |
| Price / MA20: | +0.08% | |
| Price / MA50: | +0.15% | |
| Price / MA100: | +0.17% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | +0.00% | |
| Price / MAexp100: | +0.01% |
Quotes :
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Real time data
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Forex
News
Don't forget to follow the news on USD/HKD. At the time of publication of this analysis, the latest news was as follows:
USD/HKD Forecast September 17, 2024This member declared not having a position on this financial instrument or a related financial instrument.
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