AUD/HUF - 1H - Technical analysis published on 07/28/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 223.97 HUF
My targets
222.86 HUF (-0.67)
221.31 HUF (-2.22)
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 223.97 HUF. The sellers' bearish objective is set at 222.86 HUF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 221.31 HUF. In case of crossing, the next objective would be the support located at 219.32 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 not called into question, despite technical indicators being neutral.
Force
0
10
5.7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/HUF rating 223.53 HUF. The price registered a decrease of -0.17% on the session with the lowest point at 223.36 HUF and the highest point at 224.07 HUF. The deviation from the price is +0.08% for the low point and -0.24% for the high point.223.36
224.07
223.53
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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
Technical
Technical analysis of AUD/HUF in 1H shows a overall strongly 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 6 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 221.31 | 222.86 | 223.31 | 223.53 | 223.61 | 223.97 | 225.02 |
| Change (%) | -0.99% | -0.30% | -0.10% | - | +0.04% | +0.20% | +0.67% |
| Change | -2.22 | -0.67 | -0.22 | - | +0.08 | +0.44 | +1.49 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Intermediate | Major |
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 | 219.89 | 221.60 | 222.75 | 224.46 | 225.61 | 227.32 | 228.47 |
| Camarilla | 223.11 | 223.38 | 223.64 | 223.90 | 224.16 | 224.42 | 224.69 |
| Woodie | 219.61 | 221.46 | 222.47 | 224.32 | 225.33 | 227.18 | 228.19 |
| Fibonacci | 221.60 | 222.69 | 223.37 | 224.46 | 225.55 | 226.23 | 227.32 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 220.34 | 221.51 | 223.48 | 224.65 | 226.62 | 227.79 | 229.76 |
| Camarilla | 224.59 | 224.87 | 225.16 | 225.45 | 225.74 | 226.03 | 226.31 |
| Woodie | 220.74 | 221.71 | 223.88 | 224.85 | 227.02 | 227.99 | 230.16 |
| Fibonacci | 221.51 | 222.71 | 223.45 | 224.65 | 225.85 | 226.59 | 227.79 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 211.20 | 214.91 | 218.57 | 222.28 | 225.94 | 229.65 | 233.31 |
| Camarilla | 220.20 | 220.88 | 221.55 | 222.23 | 222.91 | 223.58 | 224.26 |
| Woodie | 211.18 | 214.90 | 218.55 | 222.27 | 225.92 | 229.64 | 233.29 |
| Fibonacci | 214.91 | 217.73 | 219.47 | 222.28 | 225.10 | 226.84 | 229.65 |
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): | 28.18 | |
| MACD (12,26,9): | -0.4400 | |
| Directional Movement: | -16.36 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 223.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 224.07 | |
| Elder Ray (13): | -0.31 | |
| Super Trend (3,10): | 224.59 | |
| Zig ZAG (10): | 223.50 | |
| VORTEX (21): | 0.7800 | |
| Stochastique (14,3,5): | 28.95 | |
| TEMA (21): | 223.27 | |
| Williams %R (14): | -85.53 | |
| Chande Momentum Oscillator (20): | -0.21 | |
| Repulse (5,40,3): | -0.1200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 0.49 |
| MA7: | 224.50 | |
| MA20: | 224.49 | |
| MA50: | 222.81 | |
| MA100: | 227.74 | |
| MAexp7: | 223.66 | |
| MAexp20: | 224.01 | |
| MAexp50: | 224.60 | |
| MAexp100: | 224.73 | |
| Price / MA7: | -0.43% | |
| Price / MA20: | -0.43% | |
| Price / MA50: | +0.32% | |
| Price / MA100: | -1.85% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.21% | |
| Price / MAexp50: | -0.48% | |
| Price / MAexp100: | -0.53% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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