Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.712
Neutral
RSI(14)
46.573
Neutral
STOCH(KDJ)(9,3,3)
21.695
Sell
ATR(14)
3.501
Low Volatility
CCI(14)
-147.020
Sell
Williams %R
74.060
Sell
TRIX(12,20)
0.005
Sell
StochRSI(14)
19.741
Sell
Search
EUR/HUF
Add to Watchlist
362.060
+0.730+0.20%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
+0.22%
5 Days
-0.76%
1 Month
-0.07%
6 Months
-7.66%
Year to Date
-5.54%
1 Year
-6.87%
Key Data Points
Opening Price
361.070Previous Closing Price
361.330EUR/HUF Trading Strategy
Intraday
Short Term
Trading Strategy
Rebound above 360.79 towards 363.31
Alternative scenario
below 360.79, expect 359.90 and 359.36.
Comment
Rebound above 360.79 towards 363.31
2 hours ago
Source: Trading Central(Reference Only)
CEE FX: Prolonged pressure from strong Dollar – ING
Frantisek Taborsky at ING argues that the stronger US Dollar (USD) following the Federal Reserve (Fed) meeting is clearly negative for emerging markets, keeping Central and Eastern European (CEE) currencies under pressure.
FxstreetThu, Sep 17
Hungarian Forint: Holds firm against Euro below 371 - Societe Generale
Societe Generale analysts note EUR/HUF is trading within a base formation but continues to struggle with the 200-day moving average around 371, seen as crucial resistance.
FxstreetTue, Sep 8
Hungarian Forint: Inflation surprise and HUF dynamics – ING
ING’s Frantisek Taborsky highlights that Hungarian inflation rebounded to 1.3% in August but stayed below expectations and the NBH’s forecast, with price growth seen remaining under target this year.
FxstreetTue, Sep 8
CEE FX: Hawkish pricing versus dovish banks – ING
ING’s Frantisek Taborsky highlights a busy CEE data and policy calendar, with Hungary’s inflation seen edging up, the National Bank of Poland and Central Bank of Turkey expected on hold, and Romania’s inflation falling sharply on base effects.
FxstreetMon, Sep 7
Hungary: Inflation uptick complicates rate-cut path – ING
ING’s Peter Virovacz expects Hungarian industrial production to rebound in July, helping avoid a third-quarter GDP decline despite August headwinds from heatwave-related energy issues.
FxstreetFri, Sep 4
Hungarian Forint: Forint supported by possible MNB pause – Commerzbank
Commerzbank’s Tatha Ghose highlights a sharp Forint rally after a Bloomberg report suggested the National Bank of Hungary may pause rate cuts on 22 September and consider lowering its inflation target. While unconfirmed, this aligns with the bank’s less dovish August message.
FxstreetFri, Sep 4
Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
Sell
Moving Average
Indicators
Value
Direction
MA5
362.936
Sell
MA10
363.668
Sell
MA20
363.840
Sell
MA50
362.993
Sell
MA100
359.107
Buy
MA200
369.560
Sell
About {index_name} EUR/HUF
The EURHUF, or Euro vs Hungarian Forint, is a currency pair that represents the exchange rate between the Eurozone’s single currency, the Euro (EUR), and Hungary’s national currency, the Forint (HUF). As part of the foreign exchange market, the EURHUF pair is traded by investors and speculators who seek to profit from fluctuations in the exchange rate. The pair is influenced by various economic and political factors, including interest rates, inflation, economic growth, and monetary policy decisions made by the European Central Bank and the Hungarian National Bank.
Is the EURHUF a major currency pair?
No, the EURHUF is not considered a major currency pair. It is classified as a minor or exotic pair due to the lower trading volume and liquidity compared to major pairs like EURUSD.
Should I use leverage when trading EURHUF?
Leverage can increase your trading power, but it also increases the risk of losses. It’s important to use leverage conservatively, especially when trading less liquid pairs like EURHUF.
How can I analyze the EURHUF pair?
Traders can analyze the EURHUF pair using various methods, including fundamental analysis (looking at economic indicators), technical analysis (using charts and patterns), and sentiment analysis (considering market mood and expectations).
