USD/HKD - 1H - Technical analysis published on 03/17/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 7.7721 HKD
My targets
7.7681 HKD (-0.0016)
7.7664 HKD (-0.0033)
My analysis
The basic trend is currently slightly bearish on USD/HKD and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 7.7721 HKD, sales could be favoured. The first bearish objective would be located at 7.7681 HKD. Sellers would then use the next support located at 7.7664 HKD as an objective. Crossing it would then enable sellers to target 7.7588 HKD. A return to above the resistance at 7.7721 HKD could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
4.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/HKD rating is 7.7697 HKD. The price registered a decrease of -0.03% on the session and was between 7.7691 HKD and 7.7730 HKD. This implies that the price is at +0.01% from its lowest and at -0.04% from its highest.7.7691
7.7730
7.7697
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
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
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a 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 slightly bearish. 53.57% of the signals given by moving averages are bearish. This bearish trend does not seem to be increasing given the slightly bearish signals 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 bearish, suggesting that the price decline is expected to continue.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1 (Daily)
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point (Daily)
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.7674 | 7.7681 | 7.7694 | 7.7697 | 7.7706 | 7.7721 | 7.7729 |
| Change (%) | -0.03% | -0.02% | +0.00% | - | +0.01% | +0.03% | +0.04% |
| Change | -0.0023 | -0.0016 | -0.0003 | - | +0.0009 | +0.0024 | +0.0032 |
| Level | Major | Minor | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.7671 | 7.7688 | 7.7703 | 7.7720 | 7.7735 | 7.7752 | 7.7767 |
| Camarilla | 7.7708 | 7.7711 | 7.7714 | 7.7717 | 7.7720 | 7.7723 | 7.7726 |
| Woodie | 7.7669 | 7.7688 | 7.7701 | 7.7720 | 7.7733 | 7.7752 | 7.7765 |
| Fibonacci | 7.7688 | 7.7701 | 7.7708 | 7.7720 | 7.7733 | 7.7740 | 7.7752 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.7601 | 7.7632 | 7.7675 | 7.7706 | 7.7749 | 7.7780 | 7.7823 |
| Camarilla | 7.7697 | 7.7703 | 7.7710 | 7.7717 | 7.7724 | 7.7731 | 7.7737 |
| Woodie | 7.7606 | 7.7635 | 7.7680 | 7.7709 | 7.7754 | 7.7783 | 7.7828 |
| Fibonacci | 7.7632 | 7.7661 | 7.7678 | 7.7706 | 7.7735 | 7.7752 | 7.7780 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.7391 | 7.7538 | 7.7661 | 7.7808 | 7.7931 | 7.8078 | 7.8201 |
| Camarilla | 7.7710 | 7.7735 | 7.7759 | 7.7784 | 7.7809 | 7.7834 | 7.7858 |
| Woodie | 7.7379 | 7.7532 | 7.7649 | 7.7802 | 7.7919 | 7.8072 | 7.8189 |
| Fibonacci | 7.7538 | 7.7641 | 7.7705 | 7.7808 | 7.7911 | 7.7975 | 7.8078 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 41.39 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -8.1420 | |
| AROON (14): | -71.4286 | |
| DEMA (21): | 7.7714 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.7728 | |
| Elder Ray (13): | -0.0006 | |
| Super Trend (3,10): | 7.7702 | |
| Zig ZAG (10): | 7.7708 | |
| VORTEX (21): | 0.8614 | |
| Stochastique (14,3,5): | 25.51 | |
| TEMA (21): | 7.7710 | |
| Williams %R (14): | -84.62 | |
| Chande Momentum Oscillator (20): | -0.0021 | |
| Repulse (5,40,3): | -0.0089 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0003 | |
| Courbe Coppock: | 0.04 |
| MA7: | 7.7705 | |
| MA20: | 7.7731 | |
| MA50: | 7.7814 | |
| MA100: | 7.7787 | |
| MAexp7: | 7.7713 | |
| MAexp20: | 7.7718 | |
| MAexp50: | 7.7718 | |
| MAexp100: | 7.7715 | |
| Price / MA7: | -0.01% | |
| Price / MA20: | -0.04% | |
| Price / MA50: | -0.15% | |
| Price / MA100: | -0.12% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | -0.03% | |
| Price / MAexp100: | -0.02% |
Quotes :
-
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.
About author
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