AUD/HUF
AUD HUF
- HUF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDHUF
ISIN:

AUD/HUF - 1H - Technical analysis published on 04/05/2021 (GMT)

  • 258
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 234.20 HUF
My targets
233.08 HUF (-0.32)
232.66 HUF (-0.74)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/HUF as long as the price remains well below 234.20 HUF. The sellers” bearish objective is set at 233.08 HUF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 232.66 HUF. In case of crossing, the next objective would be the support located at 229.94 HUF. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/HUF rating is 233.40 HUF. On the day, this instrument lost -0.03% and was between 233.37 HUF and 234.50 HUF. This implies that the price is at +0.01% from its lowest and at -0.47% from its highest.

233.37
234.50
233.40

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this AUD/HUF chart shows a sharp bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators shows a slightly bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 229.94 232.66 233.08 233.40 234.20 235.23 235.71
Change (%) -1.48% -0.32% -0.14% - +0.34% +0.78% +0.99%
Change -3.46 -0.74 -0.32 - +0.80 +1.83 +2.31
Level Minor Minor Intermediate - Minor Intermediate Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard230.47231.77232.62233.92234.77236.07236.92
Camarilla232.87233.07233.26233.46233.66233.85234.05
Woodie230.24231.66232.39233.81234.54235.96236.69
Fibonacci231.77232.60233.10233.92234.75235.25236.07


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard228.31230.49231.97234.15235.63237.81239.29
Camarilla232.45232.79233.13233.46233.80234.13234.47
Woodie227.97230.32231.63233.98235.29237.64238.95
Fibonacci230.49231.89232.75234.15235.55236.41237.81


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard219.17224.90229.66235.39240.15245.88250.64
Camarilla231.53232.49233.45234.41235.37236.33237.30
Woodie218.68224.66229.17235.15239.66245.64250.15
Fibonacci224.90228.91231.39235.39239.40241.88245.88

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 40.86
MACD (12,26,9): -0.0100
Directional Movement: -1.54
AROON (14): -35.72
DEMA (21): 233.90
Parabolic SAR (0,02-0,02-0,2): 234.61
Elder Ray (13): -0.27
Super Trend (3,10): 233.18
Zig ZAG (10): 233.48
VORTEX (21): 0.9000
Stochastique (14,3,5): 10.22
TEMA (21): 233.81
Williams %R (14): -82.47
Chande Momentum Oscillator (20): -0.35
Repulse (5,40,3): -0.0400
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 0.05
MA7: 234.47
MA20: 236.53
MA50: 233.00
MA100: 228.53
MAexp7: 233.74
MAexp20: 233.88
MAexp50: 233.94
MAexp100: 234.24
Price / MA7: -0.46%
Price / MA20: -1.32%
Price / MA50: +0.17%
Price / MA100: +2.13%
Price / MAexp7: -0.15%
Price / MAexp20: -0.21%
Price / MAexp50: -0.23%
Price / MAexp100: -0.36%

Quotes : 2021-04-05 15:37:23 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
16055
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis AUD/HUF - 1H