JPY/HUF

- HUF (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	JPYHUF
ISIN:

JPY/HUF - 1H - Technical analysis published on 03/06/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

72%

22%

My opinion

Bullish above 2.5038 HUF

My targets

2.5110 HUF (+0.0008)

2.5411 HUF (+0.0309)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for JPY/HUF as long as the price remains well above 2.5038 HUF. The buyers' bullish objective is set at 2.5110 HUF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.5411 HUF. If there is any crossing, the next objective would be the resistance located at 2.5678 HUF. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 2.5110 HUF. On this resistance, against the trend traders who would like to go short on JPY/HUF with a bearish signal from their trading strategy, should not hesitate to act.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

2.5

Comment on the analysis

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 JPY/HUF rating is 2.5102 HUF. The price has increased by +1.25% since the last closing and was traded between 2.4683 HUF and 2.5154 HUF over the period. The price is currently at +1.70% from its lowest and -0.21% from its highest.

2.4683

2.5154

2.5102

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

Here is a more detailed summary of the historical variations registered by JPY/HUF:

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

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of JPY/HUF indicates that the overall trend is slightly bearish. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.4407	2.4741	2.5095	2.5102	2.5411	2.5678	2.5876
Change (%)	-2.77%	-1.44%	-0.03%	-	+1.23%	+2.29%	+3.08%
Change	-0.0695	-0.0361	-0.0007	-	+0.0309	+0.0576	+0.0774
Level	Major	Intermediate	Intermediate	-	Major	Intermediate	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	2.4290	2.4530	2.4660	2.4900	2.5030	2.5270	2.5400
Camarilla	2.4689	2.4723	2.4757	2.4791	2.4825	2.4859	2.4893
Woodie	2.4236	2.4503	2.4606	2.4873	2.4976	2.5243	2.5346
Fibonacci	2.4530	2.4671	2.4758	2.4900	2.5041	2.5128	2.5270

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.4672	2.5038	2.5443	2.5809	2.6214	2.6580	2.6985
Camarilla	2.5635	2.5706	2.5776	2.5847	2.5918	2.5988	2.6059
Woodie	2.4691	2.5048	2.5462	2.5819	2.6233	2.6590	2.7004
Fibonacci	2.5038	2.5333	2.5515	2.5809	2.6104	2.6286	2.6580

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.3840	2.4373	2.5110	2.5643	2.6380	2.6913	2.7650
Camarilla	2.5498	2.5614	2.5731	2.5847	2.5963	2.6080	2.6196
Woodie	2.3942	2.4424	2.5212	2.5694	2.6482	2.6964	2.7752
Fibonacci	2.4373	2.4858	2.5158	2.5643	2.6128	2.6428	2.6913

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):	63.21
MACD (12,26,9):	-0.0015
Directional Movement:	14.3125
AROON (14):	64.2857
DEMA (21):	2.4832
Parabolic SAR (0,02-0,02-0,2):	2.4779
Elder Ray (13):	0.0182
Super Trend (3,10):	2.4830
Zig ZAG (10):	2.5042
VORTEX (21):	1.0993
Stochastique (14,3,5):	94.46
TEMA (21):	2.4910
Williams %R (14):	-9.23
Chande Momentum Oscillator (20):	0.0244
Repulse (5,40,3):	0.6807
ROCnROLL:	-1
TRIX (15,9):	-0.0406
Courbe Coppock:	0.69

MA7:	2.5375
MA20:	2.5450
MA50:	2.5414
MA100:	2.5293
MAexp7:	2.4936
MAexp20:	2.4883
MAexp50:	2.5017
MAexp100:	2.5199
Price / MA7:	-1.08%
Price / MA20:	-1.37%
Price / MA50:	-1.23%
Price / MA100:	-0.76%
Price / MAexp7:	+0.67%
Price / MAexp20:	+0.88%
Price / MAexp50:	+0.34%
Price / MAexp100:	-0.38%

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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Londinia AI

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