AUD/HUF

- HUF (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDHUF
ISIN:

AUD/HUF - Daily - Technical analysis published on 09/02/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

39%

44%

My opinion

Bullish above 271.17 HUF

My targets

277.97 HUF (+3.49)

287.39 HUF (+12.91)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/HUF. As long as you are above the support located at 271.17 HUF, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 277.97 HUF would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 287.39 HUF as an objective. If the support 271.17 HUF were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bullish 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

2.5

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/HUF rating is 274.48 HUF. The price is lower by -0.01% since the last closing and was traded between 270.85 HUF and 274.99 HUF over the period. The price is currently at +1.34% from its lowest and -0.19% from its highest.

270.85

274.99

274.48

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this AUD/HUF chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. 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 bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Support of channel is broken

Type : Bearish

Timeframe : Daily

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 : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	249.74	256.33	265.61	274.48	277.97	287.39
Change (%)	-9.01%	-6.61%	-3.23%	-	+1.27%	+4.70%
Change	-24.74	-18.15	-8.87	-	+3.49	+12.91
Level	Minor	Intermediate	Intermediate	-	Major	Intermediate

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	267.55	269.07	271.79	273.31	276.03	277.55	280.27
Camarilla	273.33	273.72	274.11	274.50	274.89	275.28	275.67
Woodie	268.14	269.37	272.38	273.61	276.62	277.85	280.86
Fibonacci	269.07	270.69	271.69	273.31	274.93	275.93	277.55

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	265.96	271.17	277.87	283.08	289.78	294.99	301.69
Camarilla	281.30	282.39	283.48	284.57	285.66	286.75	287.85
Woodie	266.71	271.54	278.62	283.45	290.53	295.36	302.44
Fibonacci	271.17	275.72	278.53	283.08	287.63	290.44	294.99

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	241.58	254.10	263.25	275.77	284.92	297.44	306.59
Camarilla	266.44	268.43	270.41	272.40	274.39	276.37	278.36
Woodie	239.90	253.26	261.57	274.93	283.24	296.60	304.91
Fibonacci	254.10	262.38	267.49	275.77	284.05	289.16	297.44

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):	47.69
MACD (12,26,9):	1.2700
Directional Movement:	-3.06
AROON (14):	-28.57
DEMA (21):	279.17
Parabolic SAR (0,02-0,02-0,2):	286.38
Elder Ray (13):	-4.61
Super Trend (3,10):	271.77
Zig ZAG (10):	274.59
VORTEX (21):	1.0300
Stochastique (14,3,5):	18.73
TEMA (21):	278.28
Williams %R (14):	-77.90
Chande Momentum Oscillator (20):	-0.28
Repulse (5,40,3):	-0.6700
ROCnROLL:	-1
TRIX (15,9):	0.1300
Courbe Coppock:	3.45

MA7:	278.50
MA20:	277.30
MA50:	272.89
MA100:	265.78
MAexp7:	276.82
MAexp20:	276.99
MAexp50:	273.00
MAexp100:	266.33
Price / MA7:	-1.44%
Price / MA20:	-1.02%
Price / MA50:	+0.58%
Price / MA100:	+3.27%
Price / MAexp7:	-0.85%
Price / MAexp20:	-0.91%
Price / MAexp50:	+0.54%
Price / MAexp100:	+3.06%

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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