AUD/HUF - Daily - Technical analysis published on 07/18/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 227.99 HUF
My targets
222.22 HUF (-4.35)
214.15 HUF (-12.42)
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 227.99 HUF. The sellers' bearish objective is set at 222.22 HUF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 214.15 HUF. In case of crossing, the next objective would be the support located at 202.37 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 confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.5
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:
Additional analysis
Quotes
The AUD/HUF rating is 226.57 HUF. The price registered a decrease of -0.01% on the session and was between 225.71 HUF and 227.15 HUF. This implies that the price is at +0.38% from its lowest and at -0.26% from its highest.225.71
227.15
226.57
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/HUF:
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
Technical analysis of this Daily chart of AUD/HUF indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Doji
Type : Neutral
Timeframe : Daily
Three black crows
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 194.12 | 202.37 | 214.15 | 226.57 | 227.99 | 234.92 | 239.84 |
| Change (%) | -14.32% | -10.68% | -5.48% | - | +0.63% | +3.69% | +5.86% |
| Change | -32.45 | -24.20 | -12.42 | - | +1.42 | +8.35 | +13.27 |
| Level | Major | Minor | Major | - | Major | Intermediate | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 223.02 | 224.40 | 225.50 | 226.88 | 227.98 | 229.36 | 230.46 |
| Camarilla | 225.92 | 226.15 | 226.37 | 226.60 | 226.83 | 227.06 | 227.28 |
| Woodie | 222.88 | 224.33 | 225.36 | 226.81 | 227.84 | 229.29 | 230.32 |
| Fibonacci | 224.40 | 225.35 | 225.93 | 226.88 | 227.83 | 228.41 | 229.36 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 217.87 | 222.71 | 225.36 | 230.20 | 232.85 | 237.69 | 240.34 |
| Camarilla | 225.95 | 226.64 | 227.32 | 228.01 | 228.70 | 229.38 | 230.07 |
| Woodie | 216.78 | 222.16 | 224.27 | 229.65 | 231.76 | 237.14 | 239.25 |
| Fibonacci | 222.71 | 225.57 | 227.34 | 230.20 | 233.06 | 234.83 | 237.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 209.68 | 216.75 | 222.22 | 229.29 | 234.76 | 241.83 | 247.30 |
| Camarilla | 224.23 | 225.38 | 226.53 | 227.68 | 228.83 | 229.98 | 231.13 |
| Woodie | 208.87 | 216.35 | 221.41 | 228.89 | 233.95 | 241.43 | 246.49 |
| Fibonacci | 216.75 | 221.54 | 224.50 | 229.29 | 234.08 | 237.04 | 241.83 |
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): | 41.59 | |
| MACD (12,26,9): | -0.3600 | |
| Directional Movement: | -5.60 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 229.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 236.57 | |
| Elder Ray (13): | -2.61 | |
| Super Trend (3,10): | 234.20 | |
| Zig ZAG (10): | 226.50 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 22.66 | |
| TEMA (21): | 228.57 | |
| Williams %R (14): | -84.11 | |
| Chande Momentum Oscillator (20): | -1.16 | |
| Repulse (5,40,3): | -1.2100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 1.40 |
| MA7: | 228.59 | |
| MA20: | 228.87 | |
| MA50: | 229.09 | |
| MA100: | 231.39 | |
| MAexp7: | 228.35 | |
| MAexp20: | 229.28 | |
| MAexp50: | 229.90 | |
| MAexp100: | 233.72 | |
| Price / MA7: | -0.88% | |
| Price / MA20: | -1.00% | |
| Price / MA50: | -1.10% | |
| Price / MA100: | -2.08% | |
| Price / MAexp7: | -0.78% | |
| Price / MAexp20: | -1.18% | |
| Price / MAexp50: | -1.45% | |
| Price / MAexp100: | -3.06% |
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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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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