Hong Kong Dollar Currency Derailing City Stocks – Investors Panic

Hong Kong Dollar Currency Derailing City Stocks – Investors Panic






The currency moving out of the HK$7.755 to HK$7.77 range that it spent most of 2016 within is unnerving investors. The Federal Reserve is playing havoc with the Hong Kong dollar — and the stock market could be next. The Hong Kong dollar is within 0.2 percent of HK$7.80 per U.S. dollar, a level that […]






US Dollar ($) ⇨ Hong Kong Dollar (HK$)(USDHKD) HEFFX Outlook

US Dollar ($) ⇨ Hong Kong Dollar (HK$)(USDHKD) HEFFX Outlook






US Dollar ($) ⇨ Hong Kong Dollar (HK$)(USDHKD) HEFFX Outlook Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 7.76. The projected upper bound is: 7.76. The projected lower bound is: 7.75. The projected closing price is: […]






US Dollar ($) ⇨ Hong Kong Dollar (HK$)(USDHKD) Trading Outlook

US Dollar ($) ⇨ Hong Kong Dollar (HK$)(USDHKD) Trading Outlook






US Dollar ($) ⇨ Hong Kong Dollar (HK$)(USDHKD) Trading Outlook HEFFX Notes Honk Kong Dollar Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 7.76. The projected lower bound is: 7.75. The projected closing price is: 7.76. FOREX HKD= closed down -0.001 […]






US Dollar ($) ⇨ Hong Kong Dollar (HK$)(USDHKD) Trading Outlook

US Dollar ($) ⇨ Hong Kong Dollar (HK$)(USDHKD) Trading Outlook






FOREX HKD= closed up 0.001 at 7.756. Volume was 99% below average (consolidating) and Bollinger Bands were 40% narrower than normal. Open High Low Close Volume___ 7.755 7.756 7.755 7.756 62 Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 7.76 7.76 7.76 Volatility: 0 0 1 […]