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USD/HUF
USD HUF
- HUF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: USDHUF
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USD/HUF - 15 min. - Technical analysis published on 09/27/2024 (GMT)

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  • Timeframe : 15 min.
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
22%
39%
39%
My opinion
Bearish under 354.86 HUF
My targets
353.40 HUF (-1.24)
352.53 HUF (-2.11)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for USD/HUF as long as the price remains well below 354.86 HUF. The next bearish objective for sellers is set at 353.40 HUF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 352.53 HUF. In case of crossing, the next objective would be the support located at 351.07 HUF. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 353.40 HUF. With this support, against the trend traders who want to buy USD/HUF on a buy signal from their trading strategy should not hesitate to act.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
0.9

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.

chookich
This analysis was given by chookich. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

USD/HUF rating 354.64 HUF. The price has increased by +0.10% since the last closing with the lowest point at 354.14 HUF and the highest point at 356.75 HUF. The deviation from the price is +0.14% for the low point and -0.59% for the high point.

354.14
356.75
354.64

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of USD/HUF in 15 min. shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 15 minutes


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 15 minutes


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 15 minutes


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 15 minutes



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 15 minutes


MACD indicator is back under 0

Type : Bearish

Timeframe : 15 minutes


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 352.40 353.50 354.19 354.64 354.95 355.87 356.44
Change (%) -0.63% -0.32% -0.13% - +0.09% +0.35% +0.51%
Change -2.24 -1.14 -0.45 - +0.31 +1.23 +1.80
Level Minor Minor Major - Minor Intermediate 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
Standard351.07352.53353.40354.86355.73357.19358.06
Camarilla353.64353.85354.07354.28354.49354.71354.92
Woodie350.79352.38353.12354.71355.45357.04357.78
Fibonacci352.53353.42353.97354.86355.75356.30357.19


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard345.07348.34350.27353.54355.47358.74360.67
Camarilla350.76351.24351.71352.19352.67353.14353.62
Woodie344.39348.01349.59353.21354.79358.41359.99
Fibonacci348.34350.33351.56353.54355.53356.76358.74


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard331.96341.58348.66358.28365.36374.98382.06
Camarilla351.15352.68354.21355.74357.27358.80360.33
Woodie330.69340.95347.39357.65364.09374.35380.79
Fibonacci341.58347.96351.90358.28364.66368.60374.98

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): 45.99
MACD (12,26,9): 0.0400
Directional Movement: -3.38
AROON (14): -35.72
DEMA (21): 355.74
Parabolic SAR (0,02-0,02-0,2): 355.02
Elder Ray (13): -0.06
Super Trend (3,10): 356.33
Zig ZAG (10): 355.51
VORTEX (21): 0.8700
Stochastique (14,3,5): 44.21
TEMA (21): 355.55
Williams %R (14): -78.47
Chande Momentum Oscillator (20): -0.96
Repulse (5,40,3): -0.1300
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 0.40
MA7: 353.95
MA20: 355.52
MA50: 357.67
MA100: 359.98
MAexp7: 355.45
MAexp20: 355.61
MAexp50: 355.38
MAexp100: 355.08
Price / MA7: +0.19%
Price / MA20: -0.25%
Price / MA50: -0.85%
Price / MA100: -1.48%
Price / MAexp7: -0.23%
Price / MAexp20: -0.27%
Price / MAexp50: -0.21%
Price / MAexp100: -0.12%

Quotes : - Real time data - Forex

News


The last news published on USD/HUF at the time of the generation of this analysis was as follows:

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

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Londinia
Londinia AI

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