AUD/HUF
AUD HUF
- HUF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Forex
Ticker: AUDHUF
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AUD/HUF - 1H - Technical analysis published on 06/01/2023 (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
78%
6%
17%
My opinion
Bullish above 225.61 HUF
My targets
227.19 HUF (+1.03)
229.41 HUF (+3.25)
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 225.61 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 227.19 HUF. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 229.41 HUF would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 231.19 HUF. Beware of a possible return to under the support located at 225.61 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
4.8

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

AUD/HUF rating 226.16 HUF. The price registered an increase of +0.28% on the session and was traded between 225.08 HUF and 226.17 HUF over the period. The price is currently at +0.48% from its lowest and +0.00% from its highest.

225.08
226.17
226.16

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

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:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this AUD/HUF chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour


Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
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 recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 223.79 224.49 225.61 226.16 227.19 229.41 231.19
Change (%) -1.05% -0.74% -0.24% - +0.46% +1.44% +2.22%
Change -2.37 -1.67 -0.55 - +1.03 +3.25 +5.03
Level Intermediate Intermediate Intermediate - Intermediate Minor 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
Standard223.38223.85224.69225.16226.00226.47227.31
Camarilla225.16225.28225.40225.52225.64225.76225.88
Woodie223.56223.94224.87225.25226.18226.56227.49
Fibonacci223.85224.35224.66225.16225.66225.97226.47


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard216.13220.55223.04227.46229.95234.37236.86
Camarilla223.62224.25224.89225.52226.15226.79227.42
Woodie215.16220.07222.07226.98228.98233.89235.89
Fibonacci220.55223.19224.82227.46230.10231.73234.37


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard210.95217.15221.33227.53231.71237.91242.09
Camarilla222.67223.62224.57225.52226.47227.42228.38
Woodie209.95216.65220.33227.03230.71237.41241.09
Fibonacci217.15221.11223.56227.53231.49233.94237.91

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): 62.47
MACD (12,26,9): 0.1500
Directional Movement: 6.39
AROON (14): 100.00
DEMA (21): 225.62
Parabolic SAR (0,02-0,02-0,2): 224.96
Elder Ray (13): 0.38
Super Trend (3,10): 224.79
Zig ZAG (10): 226.03
VORTEX (21): 1.1300
Stochastique (14,3,5): 96.86
TEMA (21): 225.86
Williams %R (14): -1.52
Chande Momentum Oscillator (20): 0.95
Repulse (5,40,3): 0.2700
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.52
MA7: 225.87
MA20: 227.69
MA50: 229.08
MA100: 238.08
MAexp7: 225.73
MAexp20: 225.48
MAexp50: 225.52
MAexp100: 225.96
Price / MA7: +0.13%
Price / MA20: -0.67%
Price / MA50: -1.27%
Price / MA100: -5.01%
Price / MAexp7: +0.19%
Price / MAexp20: +0.30%
Price / MAexp50: +0.28%
Price / MAexp100: +0.08%

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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