AUD/HUF - 1H - Technical analysis published on 01/12/2022 (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
Short term:
Neutral
Underlying:
Bearish
Technical indicators
56%
0%
44%
My opinion
Bearish under 227.52 HUF
My targets
225.88 HUF (-0.77)
225.02 HUF (-1.63)
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 227.52 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 227.52 HUF. The next bearish objective for sellers is set at 225.88 HUF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 225.02 HUF. In case of crossing, the next objective would be the support located at 219.32 HUF. PS: if there is a bullish break in the resistance located at 227.52 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, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.7
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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 226.65 HUF. On the day, this instrument gained +0.04% with the lowest point at 226.17 HUF and the highest point at 226.88 HUF. The deviation from the price is +0.21% for the low point and -0.10% for the high point.226.17
226.88
226.65
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/HUF:
Technical
A technical analysis in 1H of this AUD/HUF chart shows a bearish trend. 71.43% 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 market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently 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
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 219.32 | 225.02 | 225.88 | 226.65 | 227.52 | 229.94 | 231.96 |
| Change (%) | -3.23% | -0.72% | -0.34% | - | +0.38% | +1.45% | +2.34% |
| Change | -7.33 | -1.63 | -0.77 | - | +0.87 | +3.29 | +5.31 |
| Level | Intermediate | Major | Intermediate | - | Major | Intermediate | Intermediate |
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 | 224.13 | 225.00 | 225.79 | 226.66 | 227.45 | 228.32 | 229.11 |
| Camarilla | 226.11 | 226.27 | 226.42 | 226.57 | 226.72 | 226.87 | 227.03 |
| Woodie | 224.08 | 224.98 | 225.74 | 226.64 | 227.40 | 228.30 | 229.06 |
| Fibonacci | 225.00 | 225.64 | 226.03 | 226.66 | 227.30 | 227.69 | 228.32 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 213.03 | 219.75 | 223.22 | 229.94 | 233.41 | 240.13 | 243.60 |
| Camarilla | 223.90 | 224.83 | 225.77 | 226.70 | 227.63 | 228.57 | 229.50 |
| Woodie | 211.42 | 218.94 | 221.61 | 229.13 | 231.80 | 239.32 | 241.99 |
| Fibonacci | 219.75 | 223.64 | 226.04 | 229.94 | 233.83 | 236.23 | 240.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 215.20 | 220.17 | 228.07 | 233.04 | 240.94 | 245.91 | 253.81 |
| Camarilla | 232.43 | 233.61 | 234.79 | 235.97 | 237.15 | 238.33 | 239.51 |
| Woodie | 216.67 | 220.90 | 229.54 | 233.77 | 242.41 | 246.64 | 255.28 |
| Fibonacci | 220.17 | 225.09 | 228.12 | 233.04 | 237.96 | 240.99 | 245.91 |
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): | 52.66 | |
| MACD (12,26,9): | -0.0600 | |
| Directional Movement: | 6.82 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 226.42 | |
| Parabolic SAR (0,02-0,02-0,2): | 226.05 | |
| Elder Ray (13): | 0.15 | |
| Super Trend (3,10): | 227.33 | |
| Zig ZAG (10): | 226.68 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 70.94 | |
| TEMA (21): | 226.52 | |
| Williams %R (14): | -30.99 | |
| Chande Momentum Oscillator (20): | 0.34 | |
| Repulse (5,40,3): | 0.0700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.22 |
| MA7: | 228.58 | |
| MA20: | 232.63 | |
| MA50: | 232.47 | |
| MA100: | 228.43 | |
| MAexp7: | 226.54 | |
| MAexp20: | 226.53 | |
| MAexp50: | 226.85 | |
| MAexp100: | 227.86 | |
| Price / MA7: | -0.84% | |
| Price / MA20: | -2.57% | |
| Price / MA50: | -2.50% | |
| Price / MA100: | -0.78% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | -0.09% | |
| Price / MAexp100: | -0.54% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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