| Indicator | 1H | 4H | 1D |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Sell | Sell |
| Stochastic (5; 3) | Sell | Sell | Buy |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
For the last five weeks, the Honk Kong Dollar has been trading in an ascending wedge against the Yen. It seems that the given pattern has reached maturity; thus, a breakout may be due in the upcoming three sessions. The pair has been rather sticky to the upper wedge boundary that is frequently regarded as a possible breakout signal north. However, the three-month high at 14.69 could lead the rate to a reversal. Likewise, ascending wedge is a continuation pattern that should resume the rate's previous momentum downwards. In case the Hong Kong Dollar starts to depreciate against its counterpart, the nearest support is formed by the 55-hour SMA and the monthly R1 circa 14.60. Prior to the fulfilment of the above scenario, technical indicators nevertheless demonstrate that upside risks should dominate the market within the next 24 hours.