AUD/HUF - 1H - Technical analysis published on 01/12/2021 (GMT)
- 210
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
39%
11%
50%
My opinion
Bullish above 228.24 HUF
My targets
229.92 HUF (+0.81)
233.77 HUF (+4.66)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/HUF as long as the price remains well above 228.24 HUF. The buyers” bullish objective is set at 229.92 HUF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 233.77 HUF. If there is any crossing, the next objective would be the resistance located at 256.33 HUF. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/HUF price is 229.11 HUF. The price registered an increase of +0.00% on the session with the lowest point at 228.85 HUF and the highest point at 229.54 HUF. The deviation from the price is +0.11% for the low point and -0.19% for the high point.228.85
229.54
229.11
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/HUF chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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, only 7 technical indicators out of 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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 resistance is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 227.72 | 228.24 | 229.02 | 229.11 | 229.92 | 256.33 |
| Change (%) | -0.61% | -0.38% | -0.04% | - | +0.35% | +11.88% |
| Change | -1.39 | -0.87 | -0.09 | - | +0.81 | +27.22 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 225.76 | 226.49 | 227.80 | 228.53 | 229.84 | 230.57 | 231.88 |
| Camarilla | 228.55 | 228.74 | 228.92 | 229.11 | 229.30 | 229.48 | 229.67 |
| Woodie | 226.05 | 226.64 | 228.09 | 228.68 | 230.13 | 230.72 | 232.17 |
| Fibonacci | 226.49 | 227.27 | 227.75 | 228.53 | 229.31 | 229.79 | 230.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 222.34 | 223.78 | 226.15 | 227.59 | 229.96 | 231.40 | 233.77 |
| Camarilla | 227.48 | 227.83 | 228.18 | 228.53 | 228.88 | 229.23 | 229.58 |
| Woodie | 222.82 | 224.01 | 226.63 | 227.82 | 230.44 | 231.63 | 234.25 |
| Fibonacci | 223.78 | 225.23 | 226.13 | 227.59 | 229.04 | 229.94 | 231.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 207.79 | 212.54 | 220.41 | 225.16 | 233.03 | 237.78 | 245.65 |
| Camarilla | 224.80 | 225.96 | 227.11 | 228.27 | 229.43 | 230.58 | 231.74 |
| Woodie | 209.34 | 213.32 | 221.96 | 225.94 | 234.58 | 238.56 | 247.20 |
| Fibonacci | 212.54 | 217.36 | 220.34 | 225.16 | 229.98 | 232.96 | 237.78 |
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): | 57.45 | |
| MACD (12,26,9): | 0.2400 | |
| Directional Movement: | 5.69 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 229.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 229.02 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 228.21 | |
| Zig ZAG (10): | 229.12 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 67.93 | |
| TEMA (21): | 229.37 | |
| Williams %R (14): | -45.57 | |
| Chande Momentum Oscillator (20): | 0.25 | |
| Repulse (5,40,3): | 0.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.31 |
| MA7: | 227.86 | |
| MA20: | 225.35 | |
| MA50: | 222.63 | |
| MA100: | 221.28 | |
| MAexp7: | 229.25 | |
| MAexp20: | 229.04 | |
| MAexp50: | 228.57 | |
| MAexp100: | 228.08 | |
| Price / MA7: | +0.55% | |
| Price / MA20: | +1.67% | |
| Price / MA50: | +2.91% | |
| Price / MA100: | +3.54% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | +0.24% | |
| Price / MAexp100: | +0.45% |
Quotes :
2021-01-12 11:52:42
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis AUD/HUF - 1H