AUD/HUF - 1H - Technical analysis published on 04/17/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 229.94 HUF
My targets
228.12 HUF (-0.32)
227.53 HUF (-0.91)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/HUF. As long as you are under the resistance located at 229.94 HUF, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 228.12 HUF would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 227.53 HUF as an objective. Crossing it would then enable sellers to target 214.15 HUF. If the resistance 229.94 HUF were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
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
1.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/HUF price is 228.44 HUF. On the day, this instrument gained +0.23% and was between 227.66 HUF and 228.68 HUF. This implies that the price is at +0.34% from its lowest and at -0.10% from its highest.227.66
228.68
228.44
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 214.15 | 227.53 | 228.12 | 228.44 | 229.94 | 232.37 | 233.49 |
| Change (%) | -6.26% | -0.40% | -0.14% | - | +0.66% | +1.72% | +2.21% |
| Change | -14.29 | -0.91 | -0.32 | - | +1.50 | +3.93 | +5.05 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 224.88 | 226.23 | 227.07 | 228.42 | 229.26 | 230.61 | 231.45 |
| Camarilla | 227.32 | 227.52 | 227.72 | 227.92 | 228.12 | 228.32 | 228.52 |
| Woodie | 224.64 | 226.10 | 226.83 | 228.29 | 229.02 | 230.48 | 231.21 |
| Fibonacci | 226.23 | 227.06 | 227.58 | 228.42 | 229.25 | 229.77 | 230.61 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 223.53 | 225.53 | 226.72 | 228.72 | 229.91 | 231.91 | 233.10 |
| Camarilla | 227.04 | 227.34 | 227.63 | 227.92 | 228.21 | 228.51 | 228.80 |
| Woodie | 223.14 | 225.33 | 226.33 | 228.52 | 229.52 | 231.71 | 232.71 |
| Fibonacci | 225.53 | 226.75 | 227.50 | 228.72 | 229.94 | 230.69 | 231.91 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 207.32 | 219.98 | 227.20 | 239.86 | 247.08 | 259.74 | 266.96 |
| Camarilla | 228.94 | 230.77 | 232.59 | 234.41 | 236.23 | 238.06 | 239.88 |
| Woodie | 204.59 | 218.62 | 224.47 | 238.50 | 244.35 | 258.38 | 264.23 |
| Fibonacci | 219.98 | 227.58 | 232.27 | 239.86 | 247.46 | 252.15 | 259.74 |
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): | 53.04 | |
| MACD (12,26,9): | -0.1800 | |
| Directional Movement: | 6.71 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 228.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 227.59 | |
| Elder Ray (13): | 0.29 | |
| Super Trend (3,10): | 229.15 | |
| Zig ZAG (10): | 228.59 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 44.20 | |
| TEMA (21): | 227.99 | |
| Williams %R (14): | -43.45 | |
| Chande Momentum Oscillator (20): | 0.49 | |
| Repulse (5,40,3): | 0.1800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.65 |
| MA7: | 228.85 | |
| MA20: | 233.18 | |
| MA50: | 239.86 | |
| MA100: | 248.30 | |
| MAexp7: | 228.22 | |
| MAexp20: | 228.34 | |
| MAexp50: | 228.61 | |
| MAexp100: | 228.98 | |
| Price / MA7: | -0.18% | |
| Price / MA20: | -2.03% | |
| Price / MA50: | -4.76% | |
| Price / MA100: | -8.00% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | -0.07% | |
| Price / MAexp100: | -0.24% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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