| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Sell | Neutral |
| Alligator(13;8;5) | Neutral | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
The Hong Kong Dollar has been appreciating against the Japanese Yen since the beginning of March after the HKD/JPY currency pair reversed north from the monthly S3 at 13.00.
It is likely that the exchange rate could gain support from the 200-hour moving average near 14.00 and continue to trade upwards. In this case the rate could exceed the 15.00 level.
However, if the currency pair fails to surpass the 14.40 level, it is likely that a reversal south could occur. But it is unlikely that the pair could drop below the monthly S3.