EUR/HUF
EURHUF406.16HUF
Today
-0.16%
1 Week
-0.23%
1 Month
-1.59%
6 Months
+2.11%
Year to Date
-1.15%
1 Year
+5.21%
Key Data Points
Opening Price
406.53Previous Closing Price
406.82Indicators
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.
EUR/HUF Trading Strategy
Trading Strategy
The configuration is mixed.
Alternative scenario
the downside breakout of 406.40 would call for 405.75 and 405.36.
Comment
rebound towards 408.10.
EUR/HUF News
EUR/HUF: Risk of deeper pullback present – Societe Generale
EUR/HUF uptrend stalled near 416 and it has evolved within a sideways consolidation, Societe Générale’s FX analysts note.
HUF: Cautious tone as a reason to rally – ING
The National Bank of Hungary is scheduled to meet today, but this should be a copy-and-paste of previous meetings. FX has seen significant relief in the last two weeks, but inflation did surprise to the upside in December.
CEE: Market switched to Christmas mood – ING
As expected, the National Bank of Hungary left rates unchanged yesterday and forward guidance did not see much change either, ING’s FX analyst Frantisek Taborsky notes.
HUF: Hungarian inflation remains the only downside surprise in the CEE region – ING
Inflation numbers from Hungary this morning should show an increase from 3.2% to 3.8% YoY, slightly above market expectations, and in line with the National Bank of Hungary (NBH) forecast, ING’s FX analyst Frantisek Taborsky notes.
HUF: Does MNB have a need to intervene? – Commerzbank
In a recent column, we addressed the question of recent sharp depreciation of the Hungarian forint exchange rate, asking if the central bank (MNB) might have to intervene as an emergency.
HUF: Hawkishness with cracks – ING
As expected, yesterday's National Bank of Hungary meeting did not bring any changes.
More Details of EUR/HUF
