Another potencial trade to start the week. Short at 7.75621 Stop Loss 7.76182 Take Profit 7.75341, for a nice profit of at least 21 pips!Shortby Moringa10Published 1
$USDHKD: Sell Stop (Pending Order) below 7.76604$USDHKD: Sell Stop (Pending Order) below 7.76604 TP1= 7.76085 SL = 7.77124Shortby getmohsin.pyPublished 3
USDHKD - 3 hour ChartHello Amigo’s I will share my thoughts on the current market situation and any possible targets. You can make your conclusion out of this and make your own decision how to play it! USDHKD is showing signs of continuation to the downside. We have a indecision candle on the 3 hour chart, EMA’s are acting as resistance. There is big chance that the lower high is set. If we fail to hold support we will drop probably to 7.76 and further to 7.75. Guys, my goal is to reach my first 100 followers this month! A like and follow is all I need and its FREE! Thanks so much. Shortby CryptoColugoUpdated 3
USDHKD INVERSE HEAD AND SHOULDERS PATTERN? ENGLISH MTFAHello traders, It looks like a double bottom and possibly a head and shoulders in either direction. Really strong resistance that will need to be tested again. -Live long and profit zmLongby Z3R0MatrixPublished 10
Potential rejection soon : Price is faltering near key resistance level , potential short ahead towards retest of ascending trendline , Idea will invalidate if price manages to climb above resistance.. Follow us for more updates....Shortby AariTechPublished 28
USDHKD LONG TRADE IDEA UPDATEPosted this idea last week, link to the previous idea attach below. _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together. Disclaimer the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. _________________________________________________________________________________________________________________________________________ Thank you for your support!Longby LCFXproPublished 1196
USDHKD LONG TRADEA strong decline since December 2019 recently got pause and decelerate above 7.6000 major key level and multiple rejection above the highlight area indicate a reversal move might happen, look for low test or engulf candle closed before placing long trade. _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together. Disclaimer the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. _________________________________________________________________________________________________________________________________________ Thank you for your support! LamchiuFXLongby LCFXproPublished 98
China and the United States again in the Market’s AttentionChina and the United States again in the Market’s Attention Before the NFP report, the dollar stands tall. Traders closely watch the fallout of China virus. For weekly decline, safe havens are heading. Versus the yen, the dollar traded near a two-week high. Ahead of crucial job data, there are upbeat United States economy indicators. Nevertheless, the spread of a new coronavirus in China remains a risk to the financial markets. In foreign trade, the yuan held onto slim gains versus the dollar. It has hopes that Chinese stimulus will lessen the economic impact of the epidemic. Nevertheless, the rising death toll is keeping investors on edge. Near a six-week low pound was trading against the dollar Pound nursed losses versus the euro. It is dogging by persistent worries about negotiations between the European Union and Britain for the post-Brexit trade deal. There was a recent improvement in United States economic data. It has given some traders a respite from concerns about the new virus. Nevertheless, these concerns are most likely to loom large for weeks because investors assess the scale of the economic impact. The United States and China Masafumi Yamamoto is a chief currency strategist at Mizohu Securities in Tokyo. He said that there is a perception that the United States economy will be much less affected by the virus than China or other countries. That is why the dollar is gaining. He adds that risk-off trades can take a break because they don’t know the actual state of China’s economy until we see data for February. A chief currency strategist at Mizohu Securities in Tokyo Masafumi Yamamoto says that there can be some declines in the numbers for China and other Asian countries. On Friday, in Asia, the dollar traded at 109.97 yen. It was just below the two-week high hit earlier. The dollar was on course for a 1.5 percent increase versus the yen for the week. It would be its biggest weekly gain since July 2018. It is leading news for today. Source: MyForexNewsby FinancebrokerPublished 5
USD HKD BUY (US DOLLAR - HONG KONG DOLLAR)Hi there. Price is moving impulsively to the upside. Wait for the price to form a continuation pattern and watch strong price action for buy.by thunderpipsPublished 26
Long with stop loss below current low .. We can look to buy USDHKD @ current levels with stop loss below current lows , Price has broken below descending trendline and is also supported by horizontal levels..... Longby AariTechPublished 31
USDKHD LONG TRADEA strong decline since December 2019 recently got pause and decelerate above7.6000 major key level and a potential double bottom pattern printed and indicate a reversal move might happen, look for low test or engulf candle closed before placing long trade. _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together. Disclaimer the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. _________________________________________________________________________________________________________________________________________ Thank you for your support! LamchiuFXLongby LCFXproPublished 1191
USD/HKD will bounce back from a major support lineThe pair will bounce back from a major support line, sending the pair higher towards a major resistance line. Hong Kong’s gross domestic product (GDP) for the fourth quarter will continue to plunge. This was amid the continuous protest in the city and fears of coronavirus outbreak in the special administrative region (SAR). Since October 2019, the country’s GDP was on the negative territory. The SAR finally entered recession in November after two (2) consecutive negative GDP results. The negative growth will likely continue as Hong Kong faces another problem. The coronavirus outbreak in Wuhan, China has led to a mass migration from mainland China to Hong Kong. Chief Executive Carrie Lam rejects calls for her government to close border with China. This was despite major economies like the US and Australia closing their borders to any arrivals from mainland China. This will further put pressure on the already embattled country.Longby FinancebrokerPublished 8
Dollar Hongkong this week 27-31/1/2020USDHKD very interesting for BUY But H4 time frame not confirmby bounthanomPublished 5
USDHKD - Wait!I'm looking at the potential of taking long trade only if we can see a breakout of the descending trend line (H4)Longby TomYumThaiTraderPublished 6
USDHKD LONG TRADETemporary strength on HK dollar might losing steam soon as technically we are seeing buyers never let sellers to bring the price below 7.76000 as of now we are looking at the potential of taking long trade only if we can see a breakout of the descending trend line from December 2019 high. _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together. Disclaimer the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. _________________________________________________________________________________________________________________________________________ Thank you for your support! LamchiuFXLongby LCFXproPublished 1186
Buy USD/HKDWe are in the C wave of the A-B-C structure of Eliiott Wave Principle. Looking for a buy opportunity with a stop loss under the beginning of wave A around 7.7600 with a target profit of 7.7920.Longby Joe_DamienPublished 8
go Long USDHKDThe price reject the support zone --> false breakout, Waiting for Long this pair. Good luck AllLongby QFxTraderPublished 3
Nice Long Opportunity - Long holdThis seems to be a nice long opportunity... the price has reached a 6 months low where the price went up from this area... there is also a nice Bat shape harmonic pattern that has formed on the daily time frame. I would love to hear your thoughts about this idea. Disclaimer: This is not a signal. Please trade at your own risk using your own analysis. Thanks for looking. Longby Uncle_Abe_OptionsPublished 7
China drives our Markets more than we do?Just an observation that I have brought up in the past. The link to that post is below. But, I do find it interesting to note that China is the only reason that our Markets haven't nose dived into the ground yet. They keep saving it. Probably because of that "Trade Deal" that is supposed to happen right? Like two weeks ago....."Biggest Trade Deal Ever", remember? Guys?by jasonroy40Updated 111
Possible short after breaking trendlinePossible move down to test major support or in case of no bulls power, price will bounce to descending trendlineby AariTechPublished 15