USD/HKD Down 0 Pips Over Past 4 Hours, Makes Big Move Relative to Two Week Trend; Crosses 20 Day Moving Average

USD/HKD 4 Hour Price Update

Updated June 19, 2020 09:18 AM GMT (05:18 AM EST)

USD/HKD is down 0 pips (0%) since the previous 4 hours (opening the current 4 hour candle near 7.7503), marking NA NA NA. Compared to its peers in the Forex, USD/HKD gave its buyers a return that ranked 16th in terms of percentage change since the previous 4 hours.

USD/HKD End of Day Recap

Updated 00:30 GMT (04:30 EST)

USD/HKD is down 1 pips (0%) since the day prior (opening today near 7.75036), marking NA NA NA. Out of the 40 instruments in the Forex asset class, USD/HKD ended up ranking 27th for the day in terms of price change. Let’s take a look at price chart of USD/HKD.

USD/HKD Technical Analysis

First things first: USD/HKD crossed below its 20 day moving average yesterday. Volatility for USD/HKD has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. For additional context, note that price has gone down 1 out of the past 10 days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.