EUR_HKD Analysis

Last: 8.81558 | Change: 0.00260 | Date: 2025-04-25 | Current Time: 2025-04-23 22:00:27 UTC

Phase: Mean Reversion > Extreme Conditions > Oversold Breakdown > Oversold Breakdown > Extreme Conditions: Oversold Breakdown 60.0%

Market State

Market State

Trend: Downtrend (Strong)
RSI: 47.69 (Neutral)
Volume: Declining (Low)
Volatility: 0.0715 (Low)
Price Action: Normal
Price Structure: Sideways
Momentum: 0.0028 (Strong)
ATR: 0.0063
NATR: 0.0715
Trend Alignment: Yes

Phase Analysis

Current Phase: Mean Reversion > Extreme Conditions > Oversold Breakdown

Confidence: 60.0%

Stage: Oversold Breakdown

Detail: Extreme Conditions: Oversold Breakdown

Description: Extreme oversold conditions with strong downward momentum

Market Metrics

Trend: Down (Strong)

RSI: 47.7 (Neutral)

Volume: Declining (Low)

Volatility: 0.0715 (High)

Candlestick Patterns:

Bullish Candle

Support & Resistance

Current Price: 8.8156

Resistance Levels

8.8332 Strong (0.20% away)
8.8199 Strong (0.05% away)
8.8355 Strong (0.23% away)

Support Levels

8.7916 Strong (0.27% away)
8.8124 Strong (0.04% away)
8.7795 Strong (0.41% away)

Mean Reversion Signals

Mean Reversion SHORT Signal @ 8.81558

Generated: 2025-04-23 22:00

Confidence: 95.0%

Risk:Reward: 1.65

Entry: 8.81558

Stop Loss: 8.83750

Target: 8.77946

Valid until: 2025-04-26 02:21

Contributing Factors

  • Current phase: Mean Reversion > Extreme Conditions > Oversold Breakdown
  • Reversal phase detected - favorable for mean reversion
  • Negative momentum: -34.9
  • Stricter: Bonus for high-indecision/range market (+8 confidence)
  • Market indecision favorable for mean reversion

Market Phase

Phase: Mean Reversion > Extreme Conditions > Oversold Breakdown

Confidence: 60.0%