The pegged currency continues to hold bullish investors on the defensive. The Hong Kong dollar to US dollar exchange rate remains flat near its support line in trading sessions as seen in the chart. It appears that the pair will ultimately inch its way to its declining resistance level in the coming sessions. That will then form a new resistance in the coming...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
BUY USD/HKD ASSET: EXOTIC Timeframe- 2 week ENTRY 1 7.75130 ENTRY 2 7.74830 SL 7.74590 TP.1 7.76130 TP.2 7.78830 TP.3 7.82130
Hong tensions isn’t helping , the riots are hurting the GDP all while laying only a pretty much never broken support . Also the United States economy is opening
Will Hong Kong abandon the peg against the USD? The financial hub of Asia, which connects the East to the West has been in the middle of pissing contest between the United States and China, not to mention their domestic struggle between them and China. If protests for autonomy in Hong Kong continue, and President Trump implements drastic foreign policy measures...
on DAILY: price is sitting around a strong support and demand area so we will be looking for objective buy setups on lower timeframes. on H4: price formed an inverse head and shoulders pattern, and we will be waiting for a momentum candle close above our neckline in gray to buy USDHKD long-term
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
As long as China keeps proposing new laws, I'm buying this pair for the rest of the year! lol
I wrote a post regarding the US and China and the Thucydides trap, and if a cold war is in the works, watch for spheres of influence to be brought up and tested. The Chinese are adamant on Taiwan and Hong Kong being a part of China’s sphere of influence and the Americans should not be meddling with Chinese interests. Last year, the protests in Hong Kong were...
Hello traders! It is important to monitor this pair as there is a strong resistance. It will more than likely start moving up in the next few days so don't miss out!
The Hong Kong dollar has endured a lot in the last year, yet it remains strong against the US dollar. However, the pair is expected to slightly rebound in the foreign exchange market as the Hong Kong dollar feels the pressure. Looking at the chart, the pair is widely bearish considering that the 50-day moving average remains significantly lower than the 200-day...
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
BUY STOP - PENDING ORDER BUYING USD/HKD Entry: 7.7538 Target 1: 7.7607(69+ pips) Target 1: 7.7677(139+ pips) SL: 7.7480 (58- pips)
Hi there. Price is forming a reversal pattern to change its formation. Wait for the price to complete the pattern and watch strong price action for buy.
weekly demand level just sitting there waiting to be bought. look at the volume! take profits at the midline or top...
The US dollar has also slipped largely against the Hong Kong dollar, with the buck barely taking back its losses to the Asian currency amid the health crisis. The exchange rate has fallen to record lows as the buck loses its shimmer against the HKD. The Hong Kong dollar’s strength is largely due to the fact that the US central bank has slashed key interest rates...