USD/HUF - 15 min. - Technical analysis published on 09/27/2024 (GMT)
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- Timeframe : 15 min.
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
33%
11%
56%
My opinion
Bullish above 354.86 HUF
My targets
355.73 HUF (+0.41)
357.19 HUF (+1.87)
My analysis
The basic trend is bullish on USD/HUF and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 354.86 HUF. Sellers would then use the next support located at 353.40 HUF as an objective. Crossing it would then enable sellers to target 352.53 HUF. If there is a return to above the resistance located at 355.73 HUF, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 357.19 HUF and 358.06 HUF by extension.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.1
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This analysis was given by chookich. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
USD/HUF rating 355.32 HUF. On the day, this instrument gained +0.29% with the lowest point at 354.14 HUF and the highest point at 356.75 HUF. The deviation from the price is +0.33% for the low point and -0.40% for the high point.354.14
356.75
355.32
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this USD/HUF chart shows a bullish trend. The signals given by moving averages are 67.86% bullish. This bullish trend could slow down given the slightly bearish 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, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 10 are neutral and 2 are bearish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 353.50 | 354.19 | 354.95 | 355.32 | 355.87 | 356.44 | 360.20 |
| Change (%) | -0.51% | -0.32% | -0.10% | - | +0.15% | +0.32% | +1.37% |
| Change | -1.82 | -1.13 | -0.37 | - | +0.55 | +1.12 | +4.88 |
| Level | Minor | Major | Minor | - | Intermediate | 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 | 351.07 | 352.53 | 353.40 | 354.86 | 355.73 | 357.19 | 358.06 |
| Camarilla | 353.64 | 353.85 | 354.07 | 354.28 | 354.49 | 354.71 | 354.92 |
| Woodie | 350.79 | 352.38 | 353.12 | 354.71 | 355.45 | 357.04 | 357.78 |
| Fibonacci | 352.53 | 353.42 | 353.97 | 354.86 | 355.75 | 356.30 | 357.19 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 345.07 | 348.34 | 350.27 | 353.54 | 355.47 | 358.74 | 360.67 |
| Camarilla | 350.76 | 351.24 | 351.71 | 352.19 | 352.67 | 353.14 | 353.62 |
| Woodie | 344.39 | 348.01 | 349.59 | 353.21 | 354.79 | 358.41 | 359.99 |
| Fibonacci | 348.34 | 350.33 | 351.56 | 353.54 | 355.53 | 356.76 | 358.74 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 331.96 | 341.58 | 348.66 | 358.28 | 365.36 | 374.98 | 382.06 |
| Camarilla | 351.15 | 352.68 | 354.21 | 355.74 | 357.27 | 358.80 | 360.33 |
| Woodie | 330.69 | 340.95 | 347.39 | 357.65 | 364.09 | 374.35 | 380.79 |
| Fibonacci | 341.58 | 347.96 | 351.90 | 358.28 | 364.66 | 368.60 | 374.98 |
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): | 51.56 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | -3.28 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 355.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 355.98 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 356.33 | |
| Zig ZAG (10): | 355.66 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 37.63 | |
| TEMA (21): | 355.58 | |
| Williams %R (14): | -47.92 | |
| Chande Momentum Oscillator (20): | -0.43 | |
| Repulse (5,40,3): | 0.1500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.43 |
| MA7: | 354.08 | |
| MA20: | 355.52 | |
| MA50: | 357.67 | |
| MA100: | 359.98 | |
| MAexp7: | 355.65 | |
| MAexp20: | 355.60 | |
| MAexp50: | 355.35 | |
| MAexp100: | 355.05 | |
| Price / MA7: | +0.35% | |
| Price / MA20: | -0.06% | |
| Price / MA50: | -0.66% | |
| Price / MA100: | -1.29% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0.01% | |
| Price / MAexp100: | +0.08% |
Quotes :
-
Real time data
-
Forex
News
The last news published on USD/HUF at the time of the generation of this analysis was as follows:
USD/HUF Forecast July 17, 2024This member declared not having a position on this financial instrument or a related financial instrument.
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