Today's EUR to HKD Price Update

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Summary

This report provides the real-time exchange rate between the Euro (EUR) and Hong Kong Dollar (HKD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Euro (EUR) is one of the world’s major fiat currencies representing the Eurozone economy, while the Hong Kong Dollar (HKD) serves as the currency of Hong Kong’s financial system. The exchange rate between them reflects the relative economic performance and monetary policies of the Eurozone and Hong Kong.

Today’s Price

  • 1 EUR = 9.14 HKD
  • 24h High: 9.1452 HKD
  • 24h Low: 9.1349 HKD

Market Analysis

Recent technical analysis of EUR/HKD indicates a significant bearish trend in the currency pair, with moving averages and other trend indicators confirming downward pressure.

  • Technical levels: Key support at 9.1293 HKD, resistance at 18.3580 HKD
  • Price forecast: Based on current horizontal trend patterns, EUR/HKD is expected to trade between 9.04 and 9.25 HKD with 90% probability
  • Technical indicators: RSI stands at 43.9990, suggesting moderate momentum
  • Trading opportunities: Monitor the 9.04–9.25 HKD range for potential range-trading strategies aligned with the horizontal trend pattern

Conclusion

Continue to monitor the EUR/HKD pair closely, integrating technical support and resistance levels with current trend analysis to develop effective trading strategies and capitalize on emerging opportunities within the established trading range.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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