USD/HKD Down 2 Pips Over Past 4 Hours, Moves Down For NA NA; is Inching Close to 20, 50, 100 and 200 Day Averages

USD/HKD 4 Hour Price Update

Updated June 30, 2020 09:07 PM GMT (05:07 PM EST)

USD/HKD is down 2 pips (0%) since the previous 4 hours (opening the current 4 hour candle near 7.7505), marking NA NA NA. Out of the 37 instruments in the Forex asset class, USD/HKD ended up ranking 22nd for the four-hour candle in terms of price change.

USD/HKD End of Day Recap

Updated 00:30 GMT (04:30 EST)

USD/HKD is down 0 pips (0%) since the previous day (opening today near 7.75036), marking NA NA NA. Relative to other instruments in the Forex asset class, USD/HKD ranked 30th the previous day in terms of percentage price change. The price chart of USD/HKD below illustrates.

USD/HKD Technical Analysis

Notably, USD/HKD is now close to its 20, 50, 100 and 200 day averages, located at 7.7502, 7.7512, 7.7532 and 7.772 respectively, and thus may be at a key juncture along those timeframes. 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. Or to simplify this another way, note that out of the past 10 days USD/HKD’s price has gone up 1 them.