USD/HUF
USD HUF
- HUF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: USDHUF
ISIN:

USD/HUF - 1H - Technical analysis published on 09/01/2020 (GMT)

  • Who voted?
  • 127
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Bullish
De fond: Slightly bearish
Technical indicators
67%
6%
28%
My opinion
Neutral between 296.71 HUF and 298.82 HUF
My targets
-
My analysis
The short-term increase on USD/HUF remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 298.82 HUF. The first support is located at 296.71 HUF. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

USD/HUF rating 297.69 HUF. On the day, this instrument gained +0.01% with the lowest point at 295.04 HUF and the highest point at 297.87 HUF. The deviation from the price is +0.90% for the low point and -0.06% for the high point.

295.04
297.87
297.69

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of USD/HUF in 1H shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



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:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 293.03 294.69 296.71 297.69 298.82 300.27 301.70
Change (%) -1.57% -1.01% -0.33% - +0.38% +0.87% +1.35%
Change -4.66 -3.00 -0.98 - +1.13 +2.58 +4.01
Level Intermediate Major Major - Major 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
Standard294.11295.27296.46297.62298.81299.97301.16
Camarilla297.00297.22297.44297.65297.87298.08298.30
Woodie294.13295.28296.48297.63298.83299.98301.18
Fibonacci295.27296.17296.72297.62298.52299.07299.97


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard287.75291.92294.80298.97301.85306.02308.90
Camarilla295.75296.40297.04297.69298.34298.98299.63
Woodie287.12291.60294.17298.65301.22305.70308.27
Fibonacci291.92294.61296.27298.97301.66303.32306.02


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard276.14282.64290.14296.64304.14310.64318.14
Camarilla293.80295.08296.37297.65298.93300.22301.50
Woodie276.65282.89290.65296.89304.65310.89318.65
Fibonacci282.64287.99291.29296.64301.99305.29310.64

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): 55.66
MACD (12,26,9): -0.3000
Directional Movement: 5.26
AROON (14): 7.14
DEMA (21): 296.18
Parabolic SAR (0,02-0,02-0,2): 295.04
Elder Ray (13): 0.73
Super Trend (3,10): 297.47
Zig ZAG (10): 297.36
VORTEX (21): 0.9500
Stochastique (14,3,5): 58.32
TEMA (21): 296.27
Williams %R (14): -4.06
Chande Momentum Oscillator (20): 1.16
Repulse (5,40,3): 0.7400
ROCnROLL: 1
TRIX (15,9): -0.0200
Courbe Coppock: 0.69
MA7: 298.75
MA20: 295.17
MA50: 302.01
MA100: 309.89
MAexp7: 296.51
MAexp20: 296.62
MAexp50: 297.32
MAexp100: 297.88
Price / MA7: -0.35%
Price / MA20: +0.85%
Price / MA50: -1.43%
Price / MA100: -3.94%
Price / MAexp7: +0.40%
Price / MAexp20: +0.36%
Price / MAexp50: +0.12%
Price / MAexp100: -0.06%

Quotes : 2020-09-01 14:39:56 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15090
Number of analyses :
Followers :
0
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…

Add a comment

no pic

Comments

0 comments on the analysis USD/HUF - 1H