AUD/HUF - 1H - Technical analysis published on 03/30/2020 (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
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 197.64 HUF
My targets
201.32 HUF (+2.60)
202.80 HUF (+4.08)
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 197.64 HUF. The next resistance located at 201.32 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 202.80 HUF. After this resistance, buyers could then target 204.43 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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/HUF price is 198.72 HUF. The price registered an increase of +0.74% on the session with the lowest point at 196.36 HUF and the highest point at 199.02 HUF. The deviation from the price is +1.20% for the low point and -0.15% for the high point.196.36
199.02
198.72
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
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 (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on AUD/HUF were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of AUD/HUF in 1H shows a strongly overall 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 market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a moderate bullish signal.
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
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 189.89 | 193.95 | 197.64 | 198.72 | 204.43 | 207.42 | 209.41 |
| Change (%) | -4.44% | -2.40% | -0.54% | - | +2.87% | +4.38% | +5.38% |
| Change | -8.83 | -4.77 | -1.08 | - | +5.71 | +8.70 | +10.69 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 190.94 | 192.62 | 194.94 | 196.62 | 198.94 | 200.62 | 202.94 |
| Camarilla | 196.16 | 196.53 | 196.89 | 197.26 | 197.63 | 197.99 | 198.36 |
| Woodie | 191.26 | 192.78 | 195.26 | 196.78 | 199.26 | 200.78 | 203.26 |
| Fibonacci | 192.62 | 194.15 | 195.09 | 196.62 | 198.15 | 199.09 | 200.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 179.02 | 183.09 | 190.17 | 194.24 | 201.32 | 205.39 | 212.47 |
| Camarilla | 194.19 | 195.22 | 196.24 | 197.26 | 198.28 | 199.30 | 200.33 |
| Woodie | 180.54 | 183.84 | 191.69 | 194.99 | 202.84 | 206.14 | 213.99 |
| Fibonacci | 183.09 | 187.35 | 189.98 | 194.24 | 198.50 | 201.13 | 205.39 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 181.57 | 189.73 | 194.64 | 202.80 | 207.71 | 215.87 | 220.78 |
| Camarilla | 195.97 | 197.16 | 198.36 | 199.56 | 200.76 | 201.96 | 203.15 |
| Woodie | 179.96 | 188.92 | 193.03 | 201.99 | 206.10 | 215.06 | 219.17 |
| Fibonacci | 189.73 | 194.72 | 197.80 | 202.80 | 207.79 | 210.87 | 215.87 |
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): | 63.56 | |
| MACD (12,26,9): | 0.6300 | |
| Directional Movement: | 10.51 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 198.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 196.86 | |
| Elder Ray (13): | 0.64 | |
| Super Trend (3,10): | 195.89 | |
| Zig ZAG (10): | 198.56 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 82.62 | |
| TEMA (21): | 198.62 | |
| Williams %R (14): | -14.66 | |
| Chande Momentum Oscillator (20): | 1.67 | |
| Repulse (5,40,3): | 0.2300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.81 |
| MA7: | 194.38 | |
| MA20: | 193.50 | |
| MA50: | 201.12 | |
| MA100: | 203.41 | |
| MAexp7: | 198.31 | |
| MAexp20: | 197.63 | |
| MAexp50: | 196.48 | |
| MAexp100: | 195.20 | |
| Price / MA7: | +2.23% | |
| Price / MA20: | +2.70% | |
| Price / MA50: | -1.19% | |
| Price / MA100: | -2.31% | |
| Price / MAexp7: | +0.21% | |
| Price / MAexp20: | +0.55% | |
| Price / MAexp50: | +1.14% | |
| Price / MAexp100: | +1.80% |
This member declared not having a position on this financial instrument or a related financial instrument.
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