Today's HKD to JPY Price Update

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Summary

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

Definition

The Hong Kong Dollar (HKD) and Japanese Yen (JPY) are major fiat currencies in the Asia-Pacific region. The exchange rate between them reflects not only regional economic conditions but also investor confidence in monetary policies and economic stability across Hong Kong and Japan.

Today’s Price

  • 1 HKD = 20.13 JPY
  • 24h High: 20.1411 JPY
  • 24h Low: 20.1287 JPY

Market Analysis

The HKD/JPY currency pair is driven by geopolitical events, trade relations, and key economic indicators from both regions, such as interest rates and inflation. Recent technical analysis indicates the pair exhibits neutral momentum with potential range-bound behavior.

  • Technical levels: Key support at 20.0927 JPY, with accumulated volume support at 20.06 JPY
  • Momentum indicator: The 14-day Relative Strength Index (RSI) stands at 50.125, suggesting a neutral market condition
  • Risk note: The pair has recently tested support levels and may face resistance upon retesting; traders should remain cautious of potential reversals
  • Trading opportunities: Watch for consolidation patterns within the identified range and potential breakout opportunities

Conclusion

Continue to monitor the HKD/JPY pair closely, integrating technical support and resistance levels with macroeconomic developments. Traders should remain alert to shifts in regional economic indicators and geopolitical factors that may drive volatility in this currency pair.

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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