AUD/HUF
AUD HUF
- HUF (-)
- Real time data - Forex
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Type: Forex
Ticker: AUDHUF
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AUD/HUF - 1H - Technical analysis published on 10/02/2020 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 220.21 HUF
My targets
218.73 HUF (-0.26)
215.72 HUF (-3.27)
My analysis
The bearish trend is currently very strong for AUD/HUF. As long as the price remains below the resistance at 220.21 HUF, you could try to take advantage of the bearish rally. The first bearish objective is located at 218.73 HUF. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 215.72 HUF as an objective. Crossing it would then enable sellers to target 209.68 HUF. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.1

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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/HUF rating is 218.99 HUF. The price registered a decrease of -0.19% on the session with the lowest point at 218.72 HUF and the highest point at 219.53 HUF. The deviation from the price is +0.12% for the low point and -0.25% for the high point.

218.72
219.53
218.99

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AUD/HUF:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of AUD/HUF indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, only 9 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 204.00 209.68 218.73 218.99 220.21 221.10 221.60
Change (%) -6.85% -4.25% -0.12% - +0.56% +0.96% +1.19%
Change -14.99 -9.31 -0.26 - +1.22 +2.11 +2.61
Level Minor Major Major - Minor Intermediate Minor



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
Standard215.11217.18218.29220.36221.47223.54224.65
Camarilla218.54218.83219.12219.41219.70219.99220.28
Woodie214.64216.94217.82220.12221.00223.30224.18
Fibonacci217.18218.39219.14220.36221.57222.32223.54


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard212.53215.72217.67220.86222.81226.00227.95
Camarilla218.21218.68219.15219.62220.09220.56221.03
Woodie211.91215.41217.05220.55222.19225.69227.33
Fibonacci215.72217.68218.90220.86222.82224.04226.00


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard212.43215.14218.64221.35224.85227.56231.06
Camarilla220.44221.01221.58222.15222.72223.29223.86
Woodie212.84215.34219.05221.55225.26227.76231.47
Fibonacci215.14217.51218.97221.35223.72225.18227.56

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): 28.20
MACD (12,26,9): -0.5500
Directional Movement: -20.72
AROON (14): -85.71
DEMA (21): 218.91
Parabolic SAR (0,02-0,02-0,2): 219.46
Elder Ray (13): -0.38
Super Trend (3,10): 220.19
Zig ZAG (10): 218.96
VORTEX (21): 0.7900
Stochastique (14,3,5): 13.79
TEMA (21): 218.75
Williams %R (14): -97.27
Chande Momentum Oscillator (20): -0.97
Repulse (5,40,3): -0.3400
ROCnROLL: 2
TRIX (15,9): -0.0400
Courbe Coppock: 0.65
MA7: 220.57
MA20: 220.86
MA50: 216.26
MA100: 214.94
MAexp7: 219.14
MAexp20: 219.67
MAexp50: 220.49
MAexp100: 220.89
Price / MA7: -0.72%
Price / MA20: -0.85%
Price / MA50: +1.26%
Price / MA100: +1.88%
Price / MAexp7: -0.07%
Price / MAexp20: -0.31%
Price / MAexp50: -0.68%
Price / MAexp100: -0.86%

Quotes : 2020-10-02 06:42:14 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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