Get started

Japanese Yen/Hong Kong Dollar

No trades
See on Supercharts
Overview
Ideas
Discussions Technicals Seasonals Economic Calendar

JPYHKD trade ideas

HKDJPY - Potential Sell After Support BreakOANDA:HKDJPY has successfully broken a support level and it may be retesting it as resistance. If the price confirms resistance at this retest, I anticipate a bearish move toward 19.64974 level. Conversely, a failure to hold resistance could indicate a continuation of the bullish trend. Traders should look for bearish confirmation signals, such as bearish engulfing candles or increasing sell volume, before entering short positions. Agree with this analysis? Let’s discuss further in the comments section!
Short
by TrendDiva
2
Trading Signal for HKDJPY: BuyWe have identified a strong buying opportunity for the currency pair HKDJPY based on our analysis with the EASY Quantum Ai strategy. Direction: Buy Enter Price: 18.463 Take Profit: 18.606 Stop Loss: 18.256 Analysis and Justification: 1. Trend Analysis: Recent market trends show a bullish pattern in the HKDJPY currency pair. The price has consistently shown an upward trajectory, signaling a potential rise in value. 2. Technical Indicators: Various technical indicators such as Moving Averages, RSI, and MACD are showing bullish signals. The RSI is currently not in the overbought zone, indicating there is still room for upward movement. 3. Support and Resistance Levels: The support level is currently strong at the price of 18.256, which also aligns with our Stop Loss. This provides a safety net and indicates minimal risk. The resistance level is set near our Take Profit at 18.606, which is a realistic and achievable target based on current market conditions. 4. Market Sentiment: General market sentiment towards HKD and JPY is currently favoring the HKD due to recent economic data from Hong Kong indicating strength in their financial markets. Risk Management: Our Stop Loss at 18.256 ensures that potential losses are minimized, and we have set a reasonable Take Profit target at 18.606 to capitalize on the projected bullish movement. By leveraging the EASY Quantum Ai strategy, we believe this is a calculated and informed trading signal that provides a solid risk-to-reward ratio. Always consider your own risk tolerance and perform due diligence before making any trading decisions.
Long
by ForexRobotEasy
HKDJPY Trade Signal: SELLDirection: Sell Enter Price: 18.268 Take Profit: 18.19166667 Stop Loss: 18.38766667 📉 We recommend a SELL position for the HKDJPY currency pair based on our latest analysis utilizing the EASY Quantum Ai strategy. Key Factors for Recommendation: 1. Technical Indicators: Our analysis of the RSI (Relative Strength Index) indicates that HKDJPY has entered an overbought territory, suggesting a potential reversal from the current trend. 2. Price Action: Recent candlestick patterns demonstrate bearish signals, such as the appearance of a bearish engulfing pattern, indicating growing bearish momentum. 3. Market Sentiment: Current market sentiment data shows increasing bearish trends among institutional traders. This aligns with our forecast of a potential downward movement. 4. Support and Resistance Levels: The enter price of 18.268 is strategically selected just below a significant resistance level, increasing the probability of the price moving down towards the take profit level. 5. Volume Analysis: Declining trading volumes at higher price levels indicate weaker bullish momentum, thereby supporting our sell recommendation. Conclusion: Based on these comprehensive factors, we forecast a downward movement in the HKDJPY currency pair. Traders are advised to enter a SELL position at 18.268, set a take profit target at 18.19166667, and a stop loss at 18.38766667 to mitigate risks. Trade safely and happy trading!
Short
by ForexRobotEasy
Trade Signal Alert: HKDJPY - SellDear Traders, We have identified a potential trading opportunity for the currency pair HKDJPY using the EASY Quantum Ai strategy. Based on our analysis, we recommend the following trade setup: Direction: Sell Enter Price: 18.65 Take Profit: 18.53433333 Stop Loss: 18.82233333 Reasoning: Our EASY Quantum Ai strategy has detected several factors suggesting a bearish trend for HKDJPY: 1. Technical Indicators: Key oscillators and moving averages are indicating a potential downward movement. The pair has exhibited signs of resistance near the current enter price, suggesting limited upward momentum. 2. Market Sentiment: Recent market sentiment analysis shows increased selling pressure. Traders and investors are leaning towards selling positions in HKDJPY, contributing to the anticipated downtrend. 3. Economic Indicators: Recent economic data from both Hong Kong and Japan indicate a stronger Japanese economy relative to Hong Kong, potentially leading to a stronger JPY against HKD. 4. Price Action: Historical price patterns suggest that HKDJPY is due for a correction, and our target levels align with significant support zones identified in previous market cycles. Please remember to manage your risk accordingly and monitor the trade. The stop loss and take profit levels are set to ensure a balanced risk-reward ratio. Happy Trading! Best regards, The EASY Quantum Ai Team
Short
by ForexRobotEasy
Downward Movement: Analysis of Bearish Trends in HKD/JPY Pair!The HKD/JPY currency pair exhibits a potential range between 18.9124 and 19.228. This means that there are two likely scenarios: it may directly descend to the level of 18.9124 or ascend up to 19.228 before experiencing a subsequent decline back to the range of 18.9124-18.9487. These fluctuations in the currency pair's value can be influenced by various factors, including economic indicators, geopolitical events, and market sentiment regarding both the Hong Kong and Japanese economies. Technical analysis tools such as support and resistance levels, as well as trend lines, can also provide insights into potential price movements within this range. Traders and investors should closely monitor developments in both regions and employ risk management strategies to navigate the potential volatility associated with trading the HKD/JPY currency pair within this specified range.
Short
by ChartSavant
JPYHKD Hong Kong's leadership transition 2022 Chief Executive Carrie Lam attends a question and answer session in Legco. Photo: Sam Tsang Chief Executive Carrie Lam attends a question and answer session in Legco. Photo: Sam Tsang LIVE Outgoing Hong Kong leader Carrie Lam attends her final Legco session of her term Lawmakers are likely to grill her on pandemic policies with a potential sixth wave of Covid-19 cases looming over the city Lam ends her five-year term on June 30, with her legacy also expected to be touched on by Legco members 2 minutes ago Topic | Carrie Lam ‘This is not a home’: depression, anxiety of Hongkongers in subdivided flats Poor living conditions take a toll on physical, mental health of 220,000 sharing the city’s smallest living spaces with many others. 3 hours ago Exclusive | Chinese positions crucial as WTO chief eyes deals on fishing and vaccines Ngozi Okonjo-Iweala says it is ‘within the realm of the possible’ that deals are reached at World Trade Organization’s MC12 next week. 5 hours ago Hong Kong universities’ international reputation down in latest world rankings Four Hong Kong tertiary institutions gain ground in latest World University Rankings 2023, with Polytechnic University’s strength in research highlighted. 4 hours ago Hong Kong to double plastic bag levy, charge extra for glass bottles 20 minutes ago Hong Kong to double plastic bag levy, charge extra for glass bottles Guardians of the future Why everyone should care about biodiversity loss In partnership with Rolex Why everyone should care about biodiversity loss Could Xinjiang-Central Asia railway tilt regional power in China’s favour? 1 hour ago Could Xinjiang-Central Asia railway tilt regional power in China’s favour? Hong Kong firefighters to be mobilised to tackle possible 6th Covid-19 wave 4 hours ago Hong Kong firefighters to be mobilised to tackle possible 6th Covid-19 wave Hong Kong logs 558 Covid-19 infections, even after tightening rules on caseloads Hong Kong logs 558 Covid-19 infections, even after tightening rules on caseloads After too many residents submitted misleading results, government now only includes checked results in its daily tally. 8 Jun 2022 - 7:42PM 53 What next for China’s zero-Covid policy after Shanghai lockdown? What next for China’s zero-Covid policy after Shanghai lockdown? HONG KONG COVID-19 RULES & RESTRICTIONS Details > Quarantine days for inbound travellers Mainland China/Macau 7 / 14 days Taiwan 7 / 14 days All other places 7 days Designated hotels for quarantine 51 Catering premises Persons per table Bars and clubs (Open until) All types: 2am Karaoke (Open until) All types: 2am Restaurants (Open until) All types: 12am Social distancing and activities Gatherings Groups of max. 4 people in public Gyms, cinemas, theme parks Open Religious places Open Beaches, pools Open Hair salons, beauty parlours Open Sources: HK government Hong Kong's latest Covid-19 rules and regulations BETTER LIVING Society Life in Hong Kong’s shoebox housing Science No link between Covid infection risk and asthma, study finds Health & Wellness 10 summer health tips from Ayurveda experts to battle excess body heat Opinion | Jumbo Floating Restaurant has more value for Hong Kong than just profits Dennis Lee Dennis Lee 3 hours ago Editorial | Civil service pay rise test looming for John Lee Political hot potato will land in the lap of new chief executive if current administration fails to decide on awards of up to 7.26 per cent for government staff. SCMP Editorial SCMP Editorial 3 hours ago Destinations Known | Is Sri Lanka a place to visit amid protests and power cuts? You decide Mark Footer Mark Footer 38 minutes ago Harry’s View | 9 Jun 2022 Opinion | Global policymakers must provide supply solutions to stagflation threat David Malpass David Malpass 9 Jun 2022 - 1:32AM Editorial | China right to pursue better South Pacific ties via cooperation The eight-nation sweep through the region by Foreign Minister Wang Yi brought pledges of economic and developmental help, yet was still viewed negatively by Western powers. SCMP Editorial SCMP Editorial 2 hours ago Opinion | Asia is bound to choose Chinese cooperation over US confrontation Zhao Xiaozhuo Zhao Xiaozhuo 6 hours ago 17 MORE OPINION Thursday June 9, 2022 26°C LATEST 1 minute ago | Racing Galaxy Witness chases fifth straight win as Fownes looks forward 7 minutes ago | Africa Belgium’s king has regrets, but makes no apology for colonial past in Congo 10 minutes ago | China Business Hong Kong stocks weaken before China trade data while BYD, CNOOC advance 14 minutes ago | Politics Outgoing Hong Kong leader Carrie Lam attends her final Legco session of her term 17 minutes ago | Video - 03:02 Indonesia’s cooking oil crisis 18 minutes ago | China Business Sunac to delay payment of USS$345 million onshore bond: sources 20 minutes ago | Health & Environment Hong Kong to double plastic bag levy, charge extra for glass bottles 22 minutes ago | Video - 02:07 Uvalde shooting survivor testifies before US Congress 32 minutes ago | Southeast Asia Malaysian royal intervention saves Japan dance festival from Muslim critics News Comment Lifestyle Post Mag Coronavirus More + SUBSCRIBE News Comment Lifestyle Post Mag Coronavirus More + Edition: Hong Kong We use cookies to tailor your experience and present relevant ads. By clicking “Accept”, you agree that cookies can be placed per our Privacy Policy. ACCEPT
by a91568253