AUD/HUF - 1H - Technical analysis published on 12/21/2021 (GMT)
- 242
- 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:
Bullish
Underlying:
Bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 232.53 HUF
My targets
231.88 HUF (-0.33)
231.43 HUF (-0.78)
My analysis
The basic trend is bearish on AUD/HUF and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 232.53 HUF. Buyers would then use the next resistance located at 233.59 HUF as an objective. Crossing it would then enable buyers to target 234.65 HUF. If there is a return to below the support located at 231.88 HUF, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 231.43 HUF and 230.65 HUF by extension.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.4
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 232.21 HUF. On the day, this instrument gained +0.10% and was traded between 231.31 HUF and 232.70 HUF over the period. The price is currently at +0.39% from its lowest and -0.21% from its highest.231.31
232.70
232.21
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/HUF indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages show a possible weakening of the global trend. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
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
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
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 | 230.65 | 231.43 | 231.88 | 232.21 | 232.53 | 233.59 | 234.65 |
| Change (%) | -0.67% | -0.34% | -0.14% | - | +0.14% | +0.59% | +1.05% |
| Change | -1.56 | -0.78 | -0.33 | - | +0.32 | +1.38 | +2.44 |
| Level | Intermediate | Minor | Minor | - | Major | 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 | 228.16 | 229.40 | 230.70 | 231.94 | 233.24 | 234.48 | 235.78 |
| Camarilla | 231.29 | 231.52 | 231.76 | 231.99 | 232.22 | 232.46 | 232.69 |
| Woodie | 228.18 | 229.42 | 230.72 | 231.96 | 233.26 | 234.50 | 235.80 |
| Fibonacci | 229.40 | 230.37 | 230.97 | 231.94 | 232.91 | 233.51 | 234.48 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 224.05 | 227.04 | 229.91 | 232.90 | 235.77 | 238.76 | 241.63 |
| Camarilla | 231.18 | 231.72 | 232.25 | 232.79 | 233.33 | 233.86 | 234.40 |
| Woodie | 224.00 | 227.01 | 229.86 | 232.87 | 235.72 | 238.73 | 241.58 |
| Fibonacci | 227.04 | 229.28 | 230.66 | 232.90 | 235.14 | 236.52 | 238.76 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 215.49 | 222.02 | 225.72 | 232.25 | 235.95 | 242.48 | 246.18 |
| Camarilla | 226.60 | 227.54 | 228.47 | 229.41 | 230.35 | 231.29 | 232.22 |
| Woodie | 214.07 | 221.31 | 224.30 | 231.54 | 234.53 | 241.77 | 244.76 |
| Fibonacci | 222.02 | 225.93 | 228.35 | 232.25 | 236.16 | 238.58 | 242.48 |
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): | 48.72 | |
| MACD (12,26,9): | -0.0600 | |
| Directional Movement: | -6.17 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 231.85 | |
| Parabolic SAR (0,02-0,02-0,2): | 231.51 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 232.60 | |
| Zig ZAG (10): | 231.99 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 43.98 | |
| TEMA (21): | 232.00 | |
| Williams %R (14): | -41.18 | |
| Chande Momentum Oscillator (20): | 0.07 | |
| Repulse (5,40,3): | 0.1500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.14 |
| MA7: | 232.75 | |
| MA20: | 231.50 | |
| MA50: | 232.50 | |
| MA100: | 226.16 | |
| MAexp7: | 232.00 | |
| MAexp20: | 231.96 | |
| MAexp50: | 232.23 | |
| MAexp100: | 232.43 | |
| Price / MA7: | -0.23% | |
| Price / MA20: | +0.31% | |
| Price / MA50: | -0.12% | |
| Price / MA100: | +2.68% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | +0.11% | |
| Price / MAexp50: | -0.01% | |
| 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