As one of the world's leading international financial centers, Hong Kong's service-based services are characterized by low taxes, nearly free ports and good international financial markets.
Hong Kong Monetary Authority (HKMA) has sold US dollar to marking the first intervention of the HKMA in over three years.
It will continue to closely monitor market situations...
hkd fx reserves had the biggest plummet of 10% in a few months - biggest on record. at some point peg will break as FX reserves run dry. will be repriced to 8.6 at least.
This chart is for test purposes for my indicator. The stops and entries on the chart are for hypothetical trading and should not be used for actual trading.
Hong Kong Dollar (USDHKD)
Increasing higher lows on the 4H Chart. Three touches on the blue trend line.
Daily Time Frame Chart. Pull back and a close above horizontal level.
This is for Carlos who requested I take a look at USDHKD on one of the recent Monday Market Updates.
This weekly USDHKD chart shows the boundaries of the currency over the last few years as it moves between its upper boundary at 7.85, and its lower boundary at 7.75.
Presently we've seen a grind north from the lower boundary this year and we're presently hitting...
Hello there traders!
As always we provide you with analysis on tradingview.
Currently we are looking at the pair USD/HKD where we had a nice impuls and corrective move.
Structure tested supply zone and created a reversed H&S .
Bullish pressure pushes the market up and after the retest of the right shoulder we should see USD/HKD go up.
We also have seen the...
