| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Sell |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Sell | Buy | Buy |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
The American Dollar is trading against the Hong Kong Dollar is a short-term ascending channel. The pattern started to form in the first days of July and represents a part of a larger channel up. Yesterday the currency pair has bounced off from the bottom line of the junior formation and then broke though the weekly PP at 7.8097. The rate is expected to continue the surge until the monthly R1 at 7.8150, which most probably is going to force it to make another rebound. The fall of the pair during the current trading day is unlikely, as the southern side is protected by a combination of the senior pattern's support line and the 100-hour SMA, which stretches along it.