EURHUF reached a new historic high. I trade now the correction, target the last Resistance. RSI confirm the forecast.
I think the Hungarian Forint strengthening against Euro, and the price is at very high level, so this is a good entry for open short positions on EUR/HUF pair
Pattern: Channel Up on 1D. Signal: Bullish once the price approaches the 4H Support. Target: 300.00 (estimated Higher High).
Hi there. Price hasn't moved to the top of the pattern. Currently is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell.
Pattern: Rectangle on 1D. Signal: Bearish on the Resistance Zone, Bullish on the Support Zone. Target: 283.140 for scalp longs, 277.050 for scalp shorts.
Off the beaten track with an "EM exotic" trade.. and the first idea on this pair on tradingview PLNHUF breaking and having repeated closes below 2018 low opening up a move down to 72 area and potential retest of 2017s low 70 area
The pair is trading on a long term 1W Channel Down (RSI = 35.120, MACD = -1.016, Highs/Lows = -3.0639, B/BP = -4.7280). A recurring sequence inside this pattern indicates that the current bearish leg still has some downside left before making a Lower Low. Our TP is 312.700. ** If you like our free content follow our profile (www.tradingview.com) to get more...
This pair has been trading inside a very long term Channel Down on 1W (RSI = 37.951, MACD = -0.084, Highs/Lows = -2.8661, B/BP = -5.8570) and has just touched the inner supporting trend line. As indicated by the July - August 2018 fractal, this trend line can provide the necessary support for a bounce towards the inner resisting trend line (321 - 322). This is an...
Stop loss, etnry price and targets are mentinoed on graph.
The price has been trading within a 1W Channel Up (RSI = 59.050, MACD = 2.419, B/BP = 4.6780) and has just priced a Higher Low (Highs/Lows = 0.0000). A moderate long TP is the previous Higher High at 292.380. A riskier TP is a new Higher High at 296.380. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **...
Stop loss, entry price and targets mentioned.
EURHUF is trading within a 1D Channel Down (STOCH = 44.456, MACD = -0.045) and 325.00 is its technical Lower High. However we cannot ignore the possibility of a less aggressive Channel Down that may be developed, so the shorts target should be placed accordingly. TP = 320.250.
Targets and stop loss mentioned in graph.
The previous forecast worked, however, the EUR/HUF exchange rate has not reached the Fibonacci 50.00% retracement at 320.26. Given that the currency pair is being pressured by the 55-, 100– and 200-hour SMAs, it is expected that the pair targets the lower boundary of a short-term descending channel located circa 319.90/320.00. Technical indicators for the short...
The Hungarian Forint has been appreciating against the Euro after the currency pair reversed from the upper boundary of a medium-term descending channel at 328.40. This movement has been bounded in a short-term ascending channel. Given that technical indicators still remain bearish in the short run, it is likely that a breakout from the junior channel occurs...
The previous TP = 283.20 on USDHUF was hit and the pair has been trading sideways since within a 273.754 - 285.075 1W Rectangle (ADX = 17.489, Williams = -49.968, Highs/Lows = 0.0000). The most optimal approach is to long near the 273.754 Support (TP = 283.268) and short near the 285.075 Resistance (TP = 275.110).