USD/HKD Technical Analysis: Support, Resistance & Pivot Today (Oct 28, 2026)
What drives the technical score
- Intraday view is bullish
- Price below the 20-day average
- Daily MACD below its signal line
- Daily RSI 49, neutral momentum
- 5-day change -0.1%, little net move
- Price above the 50-day average
- 20-day average above the 50-day
- Daily view is bearish
- Daily MACD below zero
- 20-day change -0.0%, little net move
- Price above the 40-week average
- 10-week average above the 40-week
- Weekly RSI 59, positive momentum
- Weekly MACD below its signal line
- 6-month change +0.1%, little net move
The technical score combines several pieces of technical evidence, including moving-average position, momentum, recent performance, our level views and active chart patterns; more filled segments mean the evidence agrees more strongly. Support and resistance are the nearest levels from the intraday and short-term views. For reference only; not investment advice.
USD/HKD: Bullish above the pivot
Our preference
Above 7.84369, look for a move towards 7.84532.
Alternative scenario
Below 7.84369, expect 7.84305 and 7.84267.
Comment
As long as price holds above the pivot, the upside structure remains intact. RSI is at 53 and MACD is above its signal line.
Full level ladder
| Resistance 3 | 7.84608 |
| Resistance 2 | 7.84570 |
| Resistance 1 | 7.84532 |
| Price | 7.84453 |
| Pivot | 7.84369 |
| Support 2 | 7.84305 |
| Support 3 | 7.84267 |
USD/HKD: Bearish below the pivot
Our preference
Below 7.84935, look for a move towards 7.82914.
Alternative scenario
Above 7.84935, expect 7.85678 and 7.86120.
Comment
As long as price stays below the pivot, the downside structure remains intact. RSI is at 49 and MACD is below its signal line.
Full level ladder
| Resistance 3 | 7.86120 |
| Resistance 2 | 7.85678 |
| Pivot | 7.84935 |
| Price | 7.84453 |
| Support 1 | 7.82914 |
| Support 2 | 7.82472 |
| Support 3 | 7.82030 |
AI market story
Updated 2026-10-28 13:18 UTC+8USD/HKD short-term bearish, medium-term neutral, long-term bullish
Price is 7.84473, down 0.01% in 1 day, 0.05% in 5 days and 0.02% in 20 days, inside a 20-day range of 7.83527 to 7.84869. Daily RSI eased from 63 to 50, MACD sits below its signal line and the histogram has shrunk 3 days running, so momentum is fading.
Price journey: up or down lately?
It has drifted lower. The 1-day move is -0.01%, 5-day -0.05% and 20-day -0.02%, all small, with price at 7.84473 just under the 20-day average of 7.84599, so this is mild drift rather than a sharp drop.
Trend: which way is the bigger picture pointing?
The picture is split: short-term bearish, medium-term neutral, long-term bullish. The daily view is bearish with a pivot at 7.84935 and targets at 7.82914 then 7.82472, valid only while price stays below the pivot.
Momentum: gaining or losing strength?
Momentum is weakening. Daily RSI fell from 63 five days ago to 50, MACD is below its signal line and the histogram has contracted for 3 straight days, so follow-through buying is softer.
Key levels: which prices matter next?
Watch the daily pivot at 7.84935, bearish below it, with 7.85678 as the first level against the view. Downside targets are 7.82914 and 7.82472; intraday the pivot is 7.84369 with targets at 7.84532 and 7.84570, and 7.84305 as the first level against it.
FOMC decision and China manufacturing PMI line up
The FOMC rate decision floor and ceiling print at 02:00 on 10-29, expected at 3.75 and 4, both unchanged from prior. Over the past 21 releases, USD/HKD moved 24.2 points on average and 60.8 points at most in the following 4 hours, rising 52% of the time, about 1.3 times normal. China October official manufacturing PMI follows on 10-31 with a prior 50.1.
What is coming up on the calendar?
Next up: the FOMC rate decision floor and ceiling at 02:00 on 10-29, expected at 3.75 and 4, both unchanged; China October official manufacturing PMI at 09:30 on 10-31 with a prior 50.1; and RatingDog manufacturing PMI at 09:45 on 11-02 with a prior 52.1.
How much do these events usually move the price?
In the 4 hours after the past 21 FOMC releases, USD/HKD moved 24.2 points on average and 60.8 points at most, rising 52% of the time, roughly 1.3 times normal, so a moderate pickup rather than a violent jump.
This content was generated with the assistance of AI from the Borearis Research Team's market data and analysis. For reference only; not investment advice. How we produce this content
Volatility stop
USD/HKD is above its daily long trailing stop. Long positions can reference 7.83956 (0.06% away); it only moves up. A daily close below 7.83956 signals the trend is weakening.
Calculated from the 22-day high (low) minus (plus) 3 times the average true range on the daily chart, and it only moves in the trend's favour. A common trailing-stop method, for reference only; not investment advice.
Thick line = trailing stop (green uptrend, red downtrend); vertical line = latest trend change; last 90 daily bars
Technical picture
- Price sits between the 20- and 50-day moving averages; the medium-term trend is undecided.
- Daily RSI is 49, neutral momentum.
- Daily MACD is below its signal line; daily momentum is down.
- Price is inside the daily Bollinger Bands (7.84039 to 7.85157).
Related economic events this week
| 10-27 22:00 | United States Oct Richmond Fed Manufacturing IndexAfter 32 past releases, USD/HKD moved 21.5 pips on average in 4 hours · max 64.8 pips | -2 |
| 10-27 22:00 | United States Oct Conference Board Consumer Confidence IndexAfter 33 past releases, USD/HKD moved 21.5 pips on average in 4 hours · max 64.8 pips | 91.7 |
| 10-29 02:00 | United States FOMC Rate Decision (Lower Bound) HighAfter 21 past releases, USD/HKD moved 24.2 pips on average in 4 hours (1.3× normal) · max 60.8 pips | 3.75 |
| 10-29 02:00 | United States FOMC Rate Decision (Upper Bound) HighAfter 21 past releases, USD/HKD moved 24.2 pips on average in 4 hours (1.3× normal) · max 60.8 pips | 4 |
| 10-29 04:30 | United States Alphabet Q3 Earnings Call High | — |
| 10-31 09:30 | China Oct Official Manufacturing PMI High | — |
| 10-31 TBD | China Late Oct: Apple Intelligence China Beta Launch (Qwen Integration) High | — |
| 11-02 09:45 | China Oct RatingDog Manufacturing PMI High | — |
Times in UTC+8. Grey = forecast. Full economic calendar →
News and sentiment for USD/HKD
None of the financial news we collected in the last 7 days mentioned USD/HKD directly.
Trade signals for USD/HKD
Short-term Signals 30-minute · held a few hours to a day
No recent short-term signals for USD/HKD.
All short-term signals and results →
Swing Signals 1-hour and 4-hour · held a day to a week
No recent swing signals for USD/HKD.
Chart patterns in play for USD/HKD
No active 15-minute to 4-hour patterns for USD/HKD right now.
FAQ
Where are USD/HKD support and resistance levels today?
Intraday resistance: 7.84532, 7.84570, 7.84608. Support: 7.84369, 7.84305, 7.84267. Pivot: 7.84369 (updated Oct 28, 2026 15:09 UTC+8).
Is USD/HKD bullish or bearish now?
Intraday: bullish. Short-term (daily): bearish. Bullish above 7.84369, targeting 7.84532 and then 7.84570.
How has USD/HKD been trading lately?
USD/HKD short-term bearish, medium-term neutral, long-term bullish. Price is 7.84473, down 0.01% in 1 day, 0.05% in 5 days and 0.02% in 20 days, inside a 20-day range of 7.83527 to 7.84869. Daily RSI eased from 63 to 50, MACD sits below its signal line and the histogram has shrunk 3 days running, so momentum is fading.
How do I read the USD/HKD technical score?
Currently short-term bearish, medium-term neutral, long-term bullish. The technical score combines several pieces of technical evidence, such as moving-average position, momentum, recent performance, our level views and active chart patterns, into short-, intermediate- and long-term readings. More filled segments mean the evidence points the same way; neutral means bullish and bearish evidence are balanced.
Where should a stop loss go on USD/HKD?
USD/HKD is above its daily long trailing stop. Long positions can reference 7.83956 (0.06% away); it only moves up. A daily close below 7.83956 signals the trend is weakening.
Which economic events matter for USD/HKD next?
FOMC decision and China manufacturing PMI line up. The FOMC rate decision floor and ceiling print at 02:00 on 10-29, expected at 3.75 and 4, both unchanged from prior. Over the past 21 releases, USD/HKD moved 24.2 points on average and 60.8 points at most in the following 4 hours, rising 52% of the time, about 1.3 times normal. China October official manufacturing PMI follows on 10-31 with a prior 50.1.
What is the pivot?
The pivot is the line in the sand for the view. In a bullish view it sits below price; a close below it invalidates the view and a new set of levels is drawn. The reverse applies to a bearish view.
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