Market Conditions for EURHKD as at Oct 19, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for Euro/Hong Kong Dollar
Euro/Hong Kong Dollar ProfileThe Euro/Hong Kong Dollar (EUR/HKD) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. EUR is the base currency and HKD is the quote currency, meaning that 1 Euro was worth 9.1221 Hong Kong Dollar at the end of the New York trading session on Monday, 0.45% more than at the previous close.
Technical Analysis Summary for Oct. 19, 2020
While EUR/HKD is currently in a short-term downtrend, this might just be a correction, as both the medium and long-term trends are still bullish. Monday's trading range has been 701 pips (0.77%), that's far above the last trading month's daily average range of 527 pips. Buying could speed up should prices move above the close-by swing high at 9.1704 where further buy stops might get activated.
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