EUR_HKD Analysis

Last: 8.82952 | Change: 0.00092 | Date: 2025-04-24

Phase: Momentum > Mid Momentum > Continuation Breakouts > Range Break > Range Break > Continuation Breakouts: Range Break 60.0%

Market State

Market State

Trend: Downtrend (Weak)
RSI: 55.31 (Neutral)
Volume: Rising (Normal)
Volatility: 0.2099 (Normal)
Price Action: Doji
Price Structure: Sideways
Momentum: 0.0008 (Weak)
ATR: 0.0185
NATR: 0.2099
Trend Alignment: No

Phase Analysis

Current Phase: Momentum > Mid Momentum > Continuation Breakouts > Range Break

Confidence: 60.0%

Stage: Range Break

Detail: Continuation Breakouts: Range Break

Description: A breakout from a consolidation range.

Daily Timeframe

Phase: Momentum > Late Momentum > Distribution Phase > Active Distribution

Confidence: 60.0%

Stage: Active Distribution

Description: Strong selling pressure dominates.

Alignment with Current Phase: Aligned (+8 pts)

Current Category: Continuation

Daily Category: Continuation

H4 Timeframe

Phase: Momentum > Transition Phases > Momentum To Mean Reversion > Support Test Failure

Confidence: 100.0%

Stage: Support Test Failure

Alignment with Current Phase: Significant Conflict (-50 pts)

Current Category: Continuation

H4 Category: Reversal

Market Metrics

Trend: Down (Weak)

RSI: 55.3 (Neutral)

Volume: Rising (Normal)

Volatility: 0.2099 (High)

Support & Resistance

Current Price: 8.8295

Resistance Levels

8.8765 Strong (0.53% away)

Support Levels

8.7729 Strong (0.64% away)
8.7764 Strong (0.60% away)

Trade Setups

Early Momentum Breakout

LONG

Confidence: 36.5%

Daily Timeframe Context

Phase: Momentum

Phase Alignment: Aligned (+8 pts)

Setup Alignment: Neutral (+0 pts)

Current Category: Continuation
Daily Category: Continuation

H4 Timeframe Context

Phase: Momentum

Phase Alignment: Aligned (+5 pts)

Setup Alignment: Neutral (+0 pts)

Current Category: Continuation
H4 Category: Continuation

Group Equilibrium Context

Group 2 Follower

Current State: Equilibrium-Seeking

Agreement Score: 75.0%

Group Alignment: Severe Conflict (-35 pts)
Setup direction conflicts with group behavior

Expected Behavior: Equilibrium-Seeking
Likely Outcome: Partial Change