USD/HUF - 1H - Technical analysis published on 02/03/2021 (GMT)
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- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bullish
Technical indicators
61%
17%
22%
My opinion
Neutral between 294.54 HUF and 296.96 HUF
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 296.96 HUF. The first support is located at 294.54 HUF. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
Technical indicators are bullish in the very short term 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:
Additional analysis
Quotes
USD/HUF rating 295.51 HUF. On the day, this instrument lost -0.04% with the lowest point at 294.87 HUF and the highest point at 296.48 HUF. The deviation from the price is +0.22% for the low point and -0.33% for the high point.294.87
296.48
295.51
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this USD/HUF chart shows a slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 292.63 | 293.65 | 294.54 | 295.51 | 295.53 | 296.96 | 298.46 |
| Change (%) | -0.97% | -0.63% | -0.33% | - | +0.01% | +0.49% | +1.00% |
| Change | -2.88 | -1.86 | -0.97 | - | +0.02 | +1.45 | +2.95 |
| Level | Minor | Intermediate | Minor | - | Major | Minor | 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 | 291.62 | 292.64 | 294.14 | 295.16 | 296.66 | 297.68 | 299.18 |
| Camarilla | 294.94 | 295.17 | 295.40 | 295.63 | 295.86 | 296.09 | 296.32 |
| Woodie | 291.85 | 292.76 | 294.37 | 295.28 | 296.89 | 297.80 | 299.41 |
| Fibonacci | 292.64 | 293.61 | 294.20 | 295.16 | 296.13 | 296.72 | 297.68 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 285.30 | 288.97 | 291.85 | 295.52 | 298.40 | 302.07 | 304.95 |
| Camarilla | 292.94 | 293.54 | 294.14 | 294.74 | 295.34 | 295.94 | 296.54 |
| Woodie | 284.92 | 288.77 | 291.47 | 295.32 | 298.02 | 301.87 | 304.57 |
| Fibonacci | 288.97 | 291.47 | 293.02 | 295.52 | 298.02 | 299.57 | 302.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 279.71 | 284.51 | 289.63 | 294.43 | 299.55 | 304.35 | 309.47 |
| Camarilla | 292.01 | 292.92 | 293.83 | 294.74 | 295.65 | 296.56 | 297.47 |
| Woodie | 279.86 | 284.59 | 289.78 | 294.51 | 299.70 | 304.43 | 309.62 |
| Fibonacci | 284.51 | 288.30 | 290.64 | 294.43 | 298.22 | 300.56 | 304.35 |
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): | 55.59 | |
| MACD (12,26,9): | 0.2000 | |
| Directional Movement: | 15.59 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 295.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 295.01 | |
| Elder Ray (13): | 0.26 | |
| Super Trend (3,10): | 294.71 | |
| Zig ZAG (10): | 295.80 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 68.09 | |
| TEMA (21): | 295.80 | |
| Williams %R (14): | -61.49 | |
| Chande Momentum Oscillator (20): | 0.47 | |
| Repulse (5,40,3): | -0.1600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.23 |
| MA7: | 295.88 | |
| MA20: | 295.47 | |
| MA50: | 295.76 | |
| MA100: | 301.44 | |
| MAexp7: | 295.76 | |
| MAexp20: | 295.56 | |
| MAexp50: | 295.37 | |
| MAexp100: | 295.38 | |
| Price / MA7: | -0.13% | |
| Price / MA20: | +0.01% | |
| Price / MA50: | -0.08% | |
| Price / MA100: | -1.97% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | +0.04% |
Quotes :
2021-02-03 15:18:38
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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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