AUD/HUF - 1H - Technical analysis published on 05/22/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
17%
44%
39%
My opinion
Bearish under 209.41 HUF
My targets
208.73 HUF (-0.21)
208.36 HUF (-0.58)
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 209.41 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 209.41 HUF. The next bearish objective for sellers is set at 208.73 HUF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 208.36 HUF. In case of crossing, the next objective would be the support located at 204.43 HUF. PS: if there is a bullish break in the resistance located at 209.41 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.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
FORCE
0
10
4.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/HUF rating is 208.94 HUF. The price registered a decrease of +0.05% on the session and was traded between 207.93 HUF and 208.99 HUF over the period. The price is currently at +0.49% from its lowest and -0.02% from its highest.207.93
208.99
208.94
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
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this AUD/HUF chart shows a bearish trend. 75% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 8 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
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 | 204.43 | 208.36 | 208.73 | 208.94 | 209.41 | 209.93 | 211.21 |
| Change (%) | -2.16% | -0.28% | -0.10% | - | +0.22% | +0.47% | +1.09% |
| Change | -4.51 | -0.58 | -0.21 | - | +0.47 | +0.99 | +2.27 |
| Level | Intermediate | Intermediate | Minor | - | Major | Minor | Minor |
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 | 206.21 | 207.28 | 208.06 | 209.13 | 209.91 | 210.98 | 211.76 |
| Camarilla | 208.32 | 208.49 | 208.66 | 208.83 | 209.00 | 209.17 | 209.34 |
| Woodie | 206.06 | 207.21 | 207.91 | 209.06 | 209.76 | 210.91 | 211.61 |
| Fibonacci | 207.28 | 207.99 | 208.43 | 209.13 | 209.84 | 210.28 | 210.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 205.20 | 206.97 | 208.64 | 210.41 | 212.08 | 213.85 | 215.52 |
| Camarilla | 209.37 | 209.69 | 210.01 | 210.32 | 210.64 | 210.95 | 211.27 |
| Woodie | 205.16 | 206.95 | 208.60 | 210.39 | 212.04 | 213.83 | 215.48 |
| Fibonacci | 206.97 | 208.28 | 209.09 | 210.41 | 211.72 | 212.53 | 213.85 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 184.08 | 191.68 | 200.52 | 208.12 | 216.96 | 224.56 | 233.40 |
| Camarilla | 204.83 | 206.34 | 207.84 | 209.35 | 210.86 | 212.36 | 213.87 |
| Woodie | 184.69 | 191.99 | 201.13 | 208.43 | 217.57 | 224.87 | 234.01 |
| Fibonacci | 191.68 | 197.96 | 201.84 | 208.12 | 214.40 | 218.28 | 224.56 |
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): | 38.95 | |
| MACD (12,26,9): | -0.2500 | |
| Directional Movement: | -8.72 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 208.31 | |
| Parabolic SAR (0,02-0,02-0,2): | 208.81 | |
| Elder Ray (13): | -0.22 | |
| Super Trend (3,10): | 209.45 | |
| Zig ZAG (10): | 208.25 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 22.88 | |
| TEMA (21): | 208.20 | |
| Williams %R (14): | -86.27 | |
| Chande Momentum Oscillator (20): | -0.72 | |
| Repulse (5,40,3): | -0.2100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.36 |
| MA7: | 209.99 | |
| MA20: | 210.10 | |
| MA50: | 204.50 | |
| MA100: | 204.31 | |
| MAexp7: | 208.35 | |
| MAexp20: | 208.66 | |
| MAexp50: | 209.12 | |
| MAexp100: | 209.60 | |
| Price / MA7: | -0.50% | |
| Price / MA20: | -0.55% | |
| Price / MA50: | +2.17% | |
| Price / MA100: | +2.27% | |
| Price / MAexp7: | +0.28% | |
| Price / MAexp20: | +0.13% | |
| Price / MAexp50: | -0.09% | |
| Price / MAexp100: | -0.31% |
This member declared not having a position on this financial instrument or a related financial instrument.
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