EUR_HKD Analysis

Last: 8.83640 | Change: 0.04798 | Date: 2025-04-23

Phase: Mid Trend > Uptrend Consolidation > Bullish Flag > Bullish Flag > Mid-Trend: Bullish Flag Formation 80.0%

Market State

Market State

Trend: Downtrend (Weak)
RSI: 64.04 (Neutral)
Volume: Stable (Normal)
Volatility: 1.1495 (Normal)
Price Action: Normal
Price Structure: Higher Highs & Lows
Momentum: 0.0561 (Strong)
ATR: 0.1016
NATR: 1.1495
Trend Alignment: No

Phase Analysis

Current Phase: Mid Trend > Uptrend Consolidation > Bullish Flag

Confidence: 80.0%

Stage: Bullish Flag

Detail: Mid-Trend: Bullish Flag Formation

Market Metrics

Trend: Down (Weak)

RSI: 64.0 (Neutral)

Volume: Stable (Normal)

Volatility: 1.1495 (High)

Support & Resistance

Current Price: 8.8364

Resistance Levels

8.8983 Strong (0.70% away)

Support Levels

Trade Setups

Mid Momentum Continuation

LONG

Confidence: 70.0%