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 03/08/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 238.15 HUF
My targets
239.84 HUF (+0.75)
241.31 HUF (+2.22)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on AUD/HUF as long as the price remains well above 238.15 HUF. The buyers' bullish objective is set at 239.84 HUF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 241.31 HUF. If there is any crossing, the next objective would be the resistance located at 242.74 HUF.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/HUF price is 239.09 HUF. The price has increased by +1.06% since the last closing with the lowest point at 236.40 HUF and the highest point at 239.21 HUF. The deviation from the price is +1.14% for the low point and -0.05% for the high point.

236.40
239.21
239.09

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AUD/HUF:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this AUD/HUF chart shows a slightly bullish trend. 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. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, 15 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

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 1

Type : Neutral

Timeframe : 1 hour


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 214.15 235.97 238.15 239.09 239.84 241.31 242.74
Change (%) -10.43% -1.30% -0.39% - +0.31% +0.93% +1.53%
Change -24.94 -3.12 -0.94 - +0.75 +2.22 +3.65
Level Major Intermediate Intermediate - Major Major Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard232.45233.91235.24236.70238.03239.49240.82
Camarilla235.81236.07236.32236.58236.84237.09237.35
Woodie232.40233.88235.19236.67237.98239.46240.77
Fibonacci233.91234.97235.63236.70237.76238.42239.49


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard230.33233.15237.20240.02244.07246.89250.94
Camarilla239.37240.00240.63241.26241.89242.52243.15
Woodie230.96233.46237.83240.33244.70247.20251.57
Fibonacci233.15235.77237.39240.02242.64244.26246.89


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard217.29228.07234.37245.15251.45262.23268.53
Camarilla235.98237.55239.11240.68242.25243.81245.38
Woodie215.06226.95232.14244.03249.22261.11266.30
Fibonacci228.07234.59238.62245.15251.67255.70262.23

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): 62.57
MACD (12,26,9): 0.0200
Directional Movement: 11.63
AROON (14): 100.00
DEMA (21): 236.84
Parabolic SAR (0,02-0,02-0,2): 236.53
Elder Ray (13): 0.44
Super Trend (3,10): 235.40
Zig ZAG (10): 238.06
VORTEX (21): 1.0500
Stochastique (14,3,5): 69.27
TEMA (21): 237.25
Williams %R (14): -3.19
Chande Momentum Oscillator (20): 1.10
Repulse (5,40,3): 0.6600
ROCnROLL: 1
TRIX (15,9): -0.0100
Courbe Coppock: 0.63
MA7: 238.52
MA20: 243.56
MA50: 249.78
MA100: 255.96
MAexp7: 237.16
MAexp20: 236.92
MAexp50: 237.39
MAexp100: 238.21
Price / MA7: +0.24%
Price / MA20: -1.84%
Price / MA50: -4.28%
Price / MA100: -6.59%
Price / MAexp7: +0.81%
Price / MAexp20: +0.92%
Price / MAexp50: +0.72%
Price / MAexp100: +0.37%

Quotes : - Real time data - Forex

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

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