AUD/HUF - 1H - Technical analysis published on 06/04/2021 (GMT)
- 267
- 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!
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
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 219.35 HUF
My targets
219.83 HUF (+0.24)
220.86 HUF (+1.27)
My analysis
AUD/HUF is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 219.35 HUF, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 219.83 HUF. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 220.86 HUF would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 221.62 HUF. Beware of a possible return to under the support located at 219.35 HUF which would be the sign of a correction of the bullish excesses registered in the short term.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.6
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 rating is 219.59 HUF. The price registered an increase of +0.12% on the session and was between 219.13 HUF and 220.01 HUF. This implies that the price is at +0.21% from its lowest and at -0.19% from its highest.219.13
220.01
219.59
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/HUF:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/HUF indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 216.47 | 218.62 | 219.35 | 219.59 | 219.83 | 220.86 | 221.62 |
| Change (%) | -1.42% | -0.44% | -0.11% | - | +0.11% | +0.58% | +0.92% |
| Change | -3.12 | -0.97 | -0.24 | - | +0.24 | +1.27 | +2.03 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 217.30 | 217.96 | 218.64 | 219.30 | 219.98 | 220.64 | 221.32 |
| Camarilla | 218.95 | 219.07 | 219.20 | 219.32 | 219.44 | 219.57 | 219.69 |
| Woodie | 217.31 | 217.97 | 218.65 | 219.31 | 219.99 | 220.65 | 221.33 |
| Fibonacci | 217.96 | 218.47 | 218.79 | 219.30 | 219.81 | 220.13 | 220.64 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 215.27 | 217.53 | 218.85 | 221.11 | 222.43 | 224.69 | 226.01 |
| Camarilla | 219.18 | 219.50 | 219.83 | 220.16 | 220.49 | 220.82 | 221.15 |
| Woodie | 214.79 | 217.30 | 218.37 | 220.88 | 221.95 | 224.46 | 225.53 |
| Fibonacci | 217.53 | 218.90 | 219.75 | 221.11 | 222.48 | 223.33 | 224.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 202.91 | 211.22 | 215.51 | 223.82 | 228.11 | 236.42 | 240.71 |
| Camarilla | 216.34 | 217.49 | 218.65 | 219.80 | 220.96 | 222.11 | 223.27 |
| Woodie | 200.90 | 210.22 | 213.50 | 222.82 | 226.10 | 235.42 | 238.70 |
| Fibonacci | 211.22 | 216.03 | 219.01 | 223.82 | 228.63 | 231.61 | 236.42 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 60.04 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 15.81 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 219.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 219.16 | |
| Elder Ray (13): | 0.35 | |
| Super Trend (3,10): | 218.97 | |
| Zig ZAG (10): | 219.71 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 79.44 | |
| TEMA (21): | 219.58 | |
| Williams %R (14): | -40.62 | |
| Chande Momentum Oscillator (20): | 0.36 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.21 |
| MA7: | 219.97 | |
| MA20: | 223.21 | |
| MA50: | 228.63 | |
| MA100: | 230.42 | |
| MAexp7: | 219.50 | |
| MAexp20: | 219.49 | |
| MAexp50: | 219.55 | |
| MAexp100: | 219.79 | |
| Price / MA7: | -0.17% | |
| Price / MA20: | -1.62% | |
| Price / MA50: | -3.95% | |
| Price / MA100: | -4.70% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | -0.09% |
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