AUD/HUF - 1H - Technical analysis published on 08/20/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
50%
39%
My opinion
Bearish under 214.64 HUF
My targets
212.41 HUF (-1.88)
209.68 HUF (-4.61)
My analysis
AUD/HUF is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 214.64 HUF. The next support located at 212.41 HUF is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 209.68 HUF. Below this support, sellers could then target 194.00 HUF. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
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
7.3
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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
AUD/HUF rating 214.29 HUF. The price is lower by -0.20% since the last closing and was traded between 213.91 HUF and 214.91 HUF over the period. The price is currently at +0.18% from its lowest and -0.29% from its highest.213.91
214.91
214.29
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/HUF:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AUD/HUF in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further decline is low given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
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 | 187.07 | 194.00 | 209.68 | 214.29 | 214.64 | 216.86 | 218.58 |
| Change (%) | -12.70% | -9.47% | -2.15% | - | +0.16% | +1.20% | +2.00% |
| Change | -27.22 | -20.29 | -4.61 | - | +0.35 | +2.57 | +4.29 |
| Level | Minor | Major | Intermediate | - | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 211.63 | 213.10 | 213.91 | 215.38 | 216.19 | 217.66 | 218.47 |
| Camarilla | 214.08 | 214.29 | 214.50 | 214.71 | 214.92 | 215.13 | 215.34 |
| Woodie | 211.29 | 212.94 | 213.57 | 215.22 | 215.85 | 217.50 | 218.13 |
| Fibonacci | 213.10 | 213.97 | 214.51 | 215.38 | 216.25 | 216.79 | 217.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 216.52 | 218.29 | 219.27 | 221.04 | 222.02 | 223.79 | 224.77 |
| Camarilla | 219.50 | 219.76 | 220.01 | 220.26 | 220.51 | 220.76 | 221.02 |
| Woodie | 216.14 | 218.09 | 218.89 | 220.84 | 221.64 | 223.59 | 224.39 |
| Fibonacci | 218.29 | 219.34 | 219.99 | 221.04 | 222.09 | 222.74 | 223.79 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 212.41 | 216.57 | 219.13 | 223.29 | 225.85 | 230.01 | 232.57 |
| Camarilla | 219.85 | 220.47 | 221.08 | 221.70 | 222.32 | 222.93 | 223.55 |
| Woodie | 211.62 | 216.17 | 218.34 | 222.89 | 225.06 | 229.61 | 231.78 |
| Fibonacci | 216.57 | 219.13 | 220.72 | 223.29 | 225.85 | 227.44 | 230.01 |
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): | 26.64 | |
| MACD (12,26,9): | -0.4500 | |
| Directional Movement: | -22.44 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 214.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 214.61 | |
| Elder Ray (13): | -0.48 | |
| Super Trend (3,10): | 215.25 | |
| Zig ZAG (10): | 214.25 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 28.43 | |
| TEMA (21): | 214.23 | |
| Williams %R (14): | -65.25 | |
| Chande Momentum Oscillator (20): | -0.73 | |
| Repulse (5,40,3): | -0.0900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 0.57 |
| MA7: | 217.63 | |
| MA20: | 220.62 | |
| MA50: | 222.57 | |
| MA100: | 224.91 | |
| MAexp7: | 214.41 | |
| MAexp20: | 214.82 | |
| MAexp50: | 215.74 | |
| MAexp100: | 216.94 | |
| Price / MA7: | -1.53% | |
| Price / MA20: | -2.87% | |
| Price / MA50: | -3.72% | |
| Price / MA100: | -4.72% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.25% | |
| Price / MAexp50: | -0.67% | |
| Price / MAexp100: | -1.22% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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