AUD/HUF - 1H - Technical analysis published on 05/03/2021 (GMT)
- 239
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Strongly bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 231.85 HUF
My targets
230.43 HUF (-0.64)
228.78 HUF (-2.29)
My analysis
The basic trend is very bearish on AUD/HUF but buyers need to catch their breath in the short term. In a case like this, you could favour trades in the direction of the trend on AUD/HUF. As long as you stay below the resistance 231.85 HUF, sellers” retain the upper hand. A break in the support at 230.43 HUF would be a signal that the basic trend will reverse. Sellers would then use the next support located at 228.78 HUF as an objective. Crossing it would then enable sellers to target 225.02 HUF. If the price were to depress the resistance 231.85 HUF in the short term, this would be a sign of possible consolidation in the short term, but against the trend trading would then perhaps be more risky. On the other hand, we could expect signals of a reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.9
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:
Additional analysis
Quotes
The AUD/HUF price is 231.07 HUF. The price registered an increase of +0.06% on the session and was between 230.89 HUF and 231.51 HUF. This implies that the price is at +0.08% from its lowest and at -0.19% from its highest.230.89
231.51
231.07
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/HUF:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/HUF indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. Caution: this global trend is showing signs of running out of steam given the neutral signals of short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 8 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 225.02 | 228.78 | 230.43 | 231.07 | 231.85 | 232.59 | 234.22 |
| Change (%) | -2.62% | -0.99% | -0.28% | - | +0.34% | +0.66% | +1.36% |
| Change | -6.05 | -2.29 | -0.64 | - | +0.78 | +1.52 | +3.15 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 229.48 | 229.95 | 230.45 | 230.92 | 231.42 | 231.89 | 232.39 |
| Camarilla | 230.67 | 230.76 | 230.85 | 230.94 | 231.03 | 231.12 | 231.21 |
| Woodie | 229.49 | 229.96 | 230.46 | 230.93 | 231.43 | 231.90 | 232.40 |
| Fibonacci | 229.95 | 230.32 | 230.55 | 230.92 | 231.29 | 231.52 | 231.89 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 224.48 | 227.45 | 229.20 | 232.17 | 233.92 | 236.89 | 238.64 |
| Camarilla | 229.64 | 230.08 | 230.51 | 230.94 | 231.37 | 231.81 | 232.24 |
| Woodie | 223.86 | 227.15 | 228.58 | 231.87 | 233.30 | 236.59 | 238.02 |
| Fibonacci | 227.45 | 229.26 | 230.37 | 232.17 | 233.98 | 235.09 | 236.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 220.44 | 224.25 | 227.60 | 231.41 | 234.76 | 238.57 | 241.92 |
| Camarilla | 228.97 | 229.63 | 230.28 | 230.94 | 231.60 | 232.25 | 232.91 |
| Woodie | 220.20 | 224.14 | 227.36 | 231.30 | 234.52 | 238.46 | 241.68 |
| Fibonacci | 224.25 | 226.99 | 228.68 | 231.41 | 234.15 | 235.84 | 238.57 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 49.20 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 0.21 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 231.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 230.74 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 231.76 | |
| Zig ZAG (10): | 231.09 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 68.90 | |
| TEMA (21): | 231.22 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | 0.33 | |
| Repulse (5,40,3): | -0.0700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.25 |
| MA7: | 232.29 | |
| MA20: | 231.77 | |
| MA50: | 234.31 | |
| MA100: | 230.68 | |
| MAexp7: | 231.17 | |
| MAexp20: | 231.11 | |
| MAexp50: | 231.34 | |
| MAexp100: | 231.86 | |
| Price / MA7: | -0.53% | |
| Price / MA20: | -0.30% | |
| Price / MA50: | -1.38% | |
| Price / MA100: | +0.17% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | -0.12% | |
| Price / MAexp100: | -0.34% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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