AUD/HUF - 1H - Technical analysis published on 01/01/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 254.69 HUF
My targets
256.33 HUF (+1.08)
257.84 HUF (+2.59)
My analysis
AUD/HUF is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 254.69 HUF. The next resistance located at 256.33 HUF is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 257.84 HUF. After this resistance, buyers could then target 265.61 HUF. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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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 255.25 HUF. The price registered an increase of +0.43% on the session with the lowest point at 254.32 HUF and the highest point at 255.50 HUF. The deviation from the price is +0.37% for the low point and -0.10% for the high point.254.32
255.50
255.25
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of AUD/HUF in 1H shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
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:
Near resistance of channel
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 | 253.32 | 253.80 | 254.69 | 255.25 | 255.31 | 256.33 | 257.84 |
| Change (%) | -0.76% | -0.57% | -0.22% | - | +0.02% | +0.42% | +1.01% |
| Change | -1.93 | -1.45 | -0.56 | - | +0.06 | +1.08 | +2.59 |
| Level | Minor | Minor | Minor | - | Minor | Major | 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 | 249.82 | 251.51 | 252.84 | 254.53 | 255.86 | 257.55 | 258.88 |
| Camarilla | 253.34 | 253.62 | 253.89 | 254.17 | 254.45 | 254.72 | 255.00 |
| Woodie | 249.64 | 251.42 | 252.66 | 254.44 | 255.68 | 257.46 | 258.70 |
| Fibonacci | 251.51 | 252.66 | 253.38 | 254.53 | 255.68 | 256.40 | 257.55 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 245.16 | 248.43 | 251.30 | 254.57 | 257.44 | 260.71 | 263.58 |
| Camarilla | 252.48 | 253.04 | 253.61 | 254.17 | 254.73 | 255.30 | 255.86 |
| Woodie | 244.96 | 248.33 | 251.10 | 254.47 | 257.24 | 260.61 | 263.38 |
| Fibonacci | 248.43 | 250.78 | 252.23 | 254.57 | 256.92 | 258.37 | 260.71 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 227.67 | 239.68 | 246.93 | 258.94 | 266.19 | 278.20 | 285.45 |
| Camarilla | 248.87 | 250.64 | 252.41 | 254.17 | 255.94 | 257.70 | 259.47 |
| Woodie | 225.28 | 238.49 | 244.54 | 257.75 | 263.80 | 277.01 | 283.06 |
| Fibonacci | 239.68 | 247.04 | 251.59 | 258.94 | 266.30 | 270.85 | 278.20 |
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): | 71.65 | |
| MACD (12,26,9): | 0.4700 | |
| Directional Movement: | 18.05 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 254.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 253.91 | |
| Elder Ray (13): | 0.54 | |
| Super Trend (3,10): | 253.18 | |
| Zig ZAG (10): | 255.05 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 92.67 | |
| TEMA (21): | 254.83 | |
| Williams %R (14): | -3.54 | |
| Chande Momentum Oscillator (20): | 1.42 | |
| Repulse (5,40,3): | 0.3800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 1.08 |
| MA7: | 253.85 | |
| MA20: | 260.34 | |
| MA50: | 262.37 | |
| MA100: | 268.67 | |
| MAexp7: | 254.60 | |
| MAexp20: | 253.97 | |
| MAexp50: | 253.52 | |
| MAexp100: | 253.73 | |
| Price / MA7: | +0.55% | |
| Price / MA20: | -1.96% | |
| Price / MA50: | -2.71% | |
| Price / MA100: | -4.99% | |
| Price / MAexp7: | +0.26% | |
| Price / MAexp20: | +0.50% | |
| Price / MAexp50: | +0.68% | |
| Price / MAexp100: | +0.60% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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