USD/HUF - 1H - Technical analysis published on 12/03/2021 (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
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
22%
11%
67%
My opinion
Neutral between 321.29 HUF and 322.86 HUF
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 321.29 HUF. The first resistance is located at 322.86 HUF. A very slight advantage is given by the slightly bearish basic trend so that the support 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 could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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
The USD/HUF rating is 321.36 HUF. The price registered a decrease of -0.25% on the session and was between 321.14 HUF and 324.47 HUF. This implies that the price is at +0.07% from its lowest and at -0.96% from its highest.321.14
324.47
321.36
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of USD/HUF in 1H shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 315.02 | 318.72 | 321.25 | 321.36 | 322.86 | 325.39 | 328.33 |
| Change (%) | -1.97% | -0.82% | -0.03% | - | +0.47% | +1.25% | +2.17% |
| Change | -6.34 | -2.64 | -0.11 | - | +1.50 | +4.03 | +6.97 |
| Level | Minor | Intermediate | Minor | - | Minor | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 315.49 | 317.10 | 319.63 | 321.24 | 323.77 | 325.38 | 327.91 |
| Camarilla | 321.01 | 321.39 | 321.77 | 322.15 | 322.53 | 322.91 | 323.29 |
| Woodie | 315.94 | 317.33 | 320.08 | 321.47 | 324.22 | 325.61 | 328.36 |
| Fibonacci | 317.10 | 318.69 | 319.66 | 321.24 | 322.83 | 323.80 | 325.38 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 317.69 | 321.29 | 323.68 | 327.28 | 329.67 | 333.27 | 335.66 |
| Camarilla | 324.41 | 324.96 | 325.51 | 326.06 | 326.61 | 327.16 | 327.71 |
| Woodie | 317.08 | 320.99 | 323.07 | 326.98 | 329.06 | 332.97 | 335.05 |
| Fibonacci | 321.29 | 323.58 | 325.00 | 327.28 | 329.57 | 330.99 | 333.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 287.85 | 298.24 | 310.12 | 320.51 | 332.39 | 342.78 | 354.66 |
| Camarilla | 315.89 | 317.93 | 319.97 | 322.01 | 324.05 | 326.09 | 328.13 |
| Woodie | 288.61 | 298.61 | 310.88 | 320.88 | 333.15 | 343.15 | 355.42 |
| Fibonacci | 298.24 | 306.74 | 312.00 | 320.51 | 329.01 | 334.27 | 342.78 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 53.07 | |
| MACD (12,26,9): | 0.2600 | |
| Directional Movement: | 6.45 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 322.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 324.04 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 323.74 | |
| Zig ZAG (10): | 322.16 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 29.73 | |
| TEMA (21): | 322.63 | |
| Williams %R (14): | -68.77 | |
| Chande Momentum Oscillator (20): | -0.48 | |
| Repulse (5,40,3): | 0.0600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.04 |
| MA7: | 323.59 | |
| MA20: | 322.19 | |
| MA50: | 315.32 | |
| MA100: | 307.40 | |
| MAexp7: | 322.30 | |
| MAexp20: | 322.22 | |
| MAexp50: | 321.99 | |
| MAexp100: | 322.68 | |
| Price / MA7: | -0.69% | |
| Price / MA20: | -0.26% | |
| Price / MA50: | +1.92% | |
| Price / MA100: | +4.54% | |
| Price / MAexp7: | -0.29% | |
| Price / MAexp20: | -0.27% | |
| Price / MAexp50: | -0.20% | |
| Price / MAexp100: | -0.41% |
Quotes :
-
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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