AUD/HUF - Daily - Technical analysis published on 08/31/2023 (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
33%
39%
28%
My opinion
Bearish under 233.08 HUF
My targets
224.21 HUF (-2.59)
214.15 HUF (-12.65)
My analysis
AUD/HUF is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 233.08 HUF. The next support located at 224.21 HUF is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 214.15 HUF. Below this support, sellers could then target 194.12 HUF. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.9
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 price is 226.80 HUF. On the day, this instrument gained +0.77% and was traded between 225.00 HUF and 226.89 HUF over the period. The price is currently at +0.80% from its lowest and -0.04% from its highest.225.00
226.89
226.80
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 AUD/HUF in Daily shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near horizontal support
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 194.12 | 214.15 | 224.21 | 226.80 | 239.84 | 249.43 | 256.33 |
| Change (%) | -14.41% | -5.58% | -1.14% | - | +5.75% | +9.98% | +13.02% |
| Change | -32.68 | -12.65 | -2.59 | - | +13.04 | +22.63 | +29.53 |
| Level | Major | Major | Major | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 221.22 | 222.98 | 224.02 | 225.78 | 226.82 | 228.58 | 229.62 |
| Camarilla | 224.29 | 224.55 | 224.80 | 225.06 | 225.32 | 225.57 | 225.83 |
| Woodie | 220.86 | 222.80 | 223.66 | 225.60 | 226.46 | 228.40 | 229.26 |
| Fibonacci | 222.98 | 224.05 | 224.71 | 225.78 | 226.85 | 227.51 | 228.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 220.02 | 222.13 | 224.42 | 226.53 | 228.82 | 230.93 | 233.22 |
| Camarilla | 225.49 | 225.89 | 226.30 | 226.70 | 227.10 | 227.51 | 227.91 |
| Woodie | 220.10 | 222.18 | 224.50 | 226.58 | 228.90 | 230.98 | 233.30 |
| Fibonacci | 222.13 | 223.81 | 224.85 | 226.53 | 228.21 | 229.25 | 230.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 217.19 | 221.32 | 228.95 | 233.08 | 240.71 | 244.84 | 252.47 |
| Camarilla | 233.35 | 234.42 | 235.50 | 236.58 | 237.66 | 238.74 | 239.81 |
| Woodie | 218.94 | 222.20 | 230.70 | 233.96 | 242.46 | 245.72 | 254.22 |
| Fibonacci | 221.32 | 225.81 | 228.59 | 233.08 | 237.57 | 240.35 | 244.84 |
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): | 45.09 | |
| MACD (12,26,9): | -1.1500 | |
| Directional Movement: | -4.79 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 226.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 228.63 | |
| Elder Ray (13): | -1.49 | |
| Super Trend (3,10): | 233.57 | |
| Zig ZAG (10): | 226.75 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 29.83 | |
| TEMA (21): | 225.78 | |
| Williams %R (14): | -60.60 | |
| Chande Momentum Oscillator (20): | -2.97 | |
| Repulse (5,40,3): | 0.0500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 3.03 |
| MA7: | 227.05 | |
| MA20: | 228.22 | |
| MA50: | 229.52 | |
| MA100: | 229.05 | |
| MAexp7: | 226.77 | |
| MAexp20: | 228.01 | |
| MAexp50: | 229.26 | |
| MAexp100: | 231.73 | |
| Price / MA7: | -0.11% | |
| Price / MA20: | -0.62% | |
| Price / MA50: | -1.19% | |
| Price / MA100: | -0.98% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0.53% | |
| Price / MAexp50: | -1.07% | |
| Price / MAexp100: | -2.13% |
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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