AUD/HUF - 1H - Technical analysis published on 06/07/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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 239.38 HUF
My targets
237.12 HUF (-1.41)
236.62 HUF (-1.91)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 239.38 HUF remains possible. It is advisable to trade AUD/HUF with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 239.38 HUF. The next bearish objective for sellers is set at 237.12 HUF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 236.62 HUF. In case of crossing, the next objective would be the support located at 236.01 HUF. PS: if there is a bullish break in the resistance located at 239.38 HUF we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
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 rating is 238.53 HUF. The price registered a decrease of -0.08% on the session and was traded between 237.33 HUF and 239.28 HUF over the period. The price is currently at +0.51% from its lowest and -0.31% from its highest.237.33
239.28
238.53
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
Near a new HIGH record (1 year)
Type : Bullish
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
Technical analysis of this 1H chart of AUD/HUF indicates that the overall trend is bearish. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
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.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 236.01 | 236.62 | 237.12 | 238.53 | 238.71 | 239.38 | 240.81 |
| Change (%) | -1.06% | -0.80% | -0.59% | - | +0.08% | +0.36% | +0.96% |
| Change | -2.52 | -1.91 | -1.41 | - | +0.18 | +0.85 | +2.28 |
| Level | Minor | Major | Minor | - | Major | Major | Major |
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 | 235.85 | 236.85 | 237.78 | 238.78 | 239.71 | 240.71 | 241.64 |
| Camarilla | 238.18 | 238.36 | 238.53 | 238.71 | 238.89 | 239.06 | 239.24 |
| Woodie | 235.82 | 236.83 | 237.75 | 238.76 | 239.68 | 240.69 | 241.61 |
| Fibonacci | 236.85 | 237.59 | 238.04 | 238.78 | 239.52 | 239.97 | 240.71 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 231.07 | 232.77 | 235.81 | 237.51 | 240.55 | 242.25 | 245.29 |
| Camarilla | 237.55 | 237.98 | 238.42 | 238.85 | 239.29 | 239.72 | 240.15 |
| Woodie | 231.74 | 233.11 | 236.48 | 237.85 | 241.22 | 242.59 | 245.96 |
| Fibonacci | 232.77 | 234.58 | 235.70 | 237.51 | 239.32 | 240.44 | 242.25 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 229.92 | 232.17 | 235.51 | 237.76 | 241.10 | 243.35 | 246.69 |
| Camarilla | 237.31 | 237.83 | 238.34 | 238.85 | 239.36 | 239.88 | 240.39 |
| Woodie | 230.47 | 232.44 | 236.06 | 238.03 | 241.65 | 243.62 | 247.24 |
| Fibonacci | 232.17 | 234.31 | 235.63 | 237.76 | 239.90 | 241.22 | 243.35 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.17 | |
| MACD (12,26,9): | -0.0800 | |
| Directional Movement: | -0.75 | |
| AROON (14): | -42.85 | |
| DEMA (21): | 238.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 237.41 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 239.10 | |
| Zig ZAG (10): | 238.52 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 65.81 | |
| TEMA (21): | 238.40 | |
| Williams %R (14): | -39.49 | |
| Chande Momentum Oscillator (20): | -0.22 | |
| Repulse (5,40,3): | 0.0500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.28 |
| MA7: | 239.02 | |
| MA20: | 237.52 | |
| MA50: | 237.96 | |
| MA100: | 237.06 | |
| MAexp7: | 238.45 | |
| MAexp20: | 238.47 | |
| MAexp50: | 238.70 | |
| MAexp100: | 238.77 | |
| Price / MA7: | -0.21% | |
| Price / MA20: | +0.43% | |
| Price / MA50: | +0.24% | |
| Price / MA100: | +0.62% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | -0.07% | |
| Price / MAexp100: | -0.10% |
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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