Londinia Opportunities Analyses - 03/21/2025 (GMT) USD/HUF - 1H
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 367.86 HUF
My targets
370.04 HUF (+1.59)
372.67 HUF (+4.22)
My analysis
The bullish trend is currently very strong on USD/HUF. As long as the price remains above the support at 367.86 HUF, you could try to benefit from the boom. The first bullish objective is located at 370.04 HUF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 372.67 HUF as an objective. Crossing it would then enable buyers to target 388.97 HUF. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2
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.
Additional analysis
Quotes
USD/HUF rating 368.45 HUF. The price registered an increase of +0.29% on the session with the lowest point at 367.13 HUF and the highest point at 368.93 HUF. The deviation from the price is +0.36% for the low point and -0.13% for the high point.367.13
368.93
368.45
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
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 LOW record (1 year)
Type : Bearish
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 USD/HUF indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish 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 probability of a further increase is high given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point (Daily)
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 365.65 | 367.26 | 367.86 | 368.45 | 368.64 | 370.04 | 372.67 |
| Change (%) | -0.76% | -0.32% | -0.16% | - | +0.05% | +0.43% | +1.15% |
| Change | -2.80 | -1.19 | -0.59 | - | +0.19 | +1.59 | +4.22 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 359.68 | 362.16 | 364.78 | 367.26 | 369.88 | 372.36 | 374.98 |
| Camarilla | 366.00 | 366.47 | 366.93 | 367.40 | 367.87 | 368.34 | 368.80 |
| Woodie | 359.75 | 362.20 | 364.85 | 367.30 | 369.95 | 372.40 | 375.05 |
| Fibonacci | 362.16 | 364.11 | 365.31 | 367.26 | 369.21 | 370.41 | 372.36 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 359.68 | 362.46 | 364.72 | 367.50 | 369.76 | 372.54 | 374.80 |
| Camarilla | 365.60 | 366.07 | 366.53 | 366.99 | 367.45 | 367.91 | 368.38 |
| Woodie | 359.43 | 362.33 | 364.47 | 367.37 | 369.51 | 372.41 | 374.55 |
| Fibonacci | 362.46 | 364.38 | 365.57 | 367.50 | 369.42 | 370.61 | 372.54 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 357.04 | 368.05 | 378.67 | 389.68 | 400.30 | 411.31 | 421.93 |
| Camarilla | 383.33 | 385.32 | 387.30 | 389.28 | 391.26 | 393.25 | 395.23 |
| Woodie | 356.84 | 367.95 | 378.47 | 389.58 | 400.10 | 411.21 | 421.73 |
| Fibonacci | 368.05 | 376.32 | 381.42 | 389.68 | 397.95 | 403.05 | 411.31 |
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): | 66.93 | |
| MACD (12,26,9): | 0.4700 | |
| Directional Movement: | 19.62 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 368.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 369.26 | |
| Elder Ray (13): | 0.62 | |
| Super Trend (3,10): | 366.86 | |
| Zig ZAG (10): | 368.49 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 73.69 | |
| TEMA (21): | 368.32 | |
| Williams %R (14): | -23.76 | |
| Chande Momentum Oscillator (20): | 1.01 | |
| Repulse (5,40,3): | 0.0500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.03 |
| MA7: | 366.27 | |
| MA20: | 372.60 | |
| MA50: | 384.05 | |
| MA100: | 387.51 | |
| MAexp7: | 368.15 | |
| MAexp20: | 367.70 | |
| MAexp50: | 366.85 | |
| MAexp100: | 366.45 | |
| Price / MA7: | +0.60% | |
| Price / MA20: | -1.11% | |
| Price / MA50: | -4.06% | |
| Price / MA100: | -4.92% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.20% | |
| Price / MAexp50: | +0.43% | |
| Price / MAexp100: | +0.54% |
Quotes :
-
Real time data
-
Forex
News
Don't forget to follow the news on USD/HUF. At the time of publication of this analysis, the latest news was as follows:
USD/HUF Forecast July 17, 2024