Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
HUNGARY
- EURHUF has been trending higher in the past week, breaking above its 200DMA on Friday and currently trading slightly above the 360 level; next resistance to watch on the topside stands at 364.40. On the downside, first support to watch below 358.60 (200DMA) stands at 357.30 (100DMA).
- GBPHUF ticks higher this morning after finding a local low at 418 earlier; resistance to watch on the topside stands at 420, followed by 422.40. On the downside, first support stands at 415.20 (100DMA), followed by 413.30.
- USDHUF has been retracing higher in the past week, breaking above its 305 resistance this morning and currently testing the 306 level; next resistance to watch on the topside stands at 308. On the downside, first support stands at 300, followed by 298.70 (200DMA).
- CZKHUF ticks lower this morning after finding a high at 14.10 earlier; next key level to watch on the topside stands at 14.15, which represents the pair's all time high. On the downside, first support to watch stands at 14.
- PLNHUF ticks lower this morning after failing to break through its 100DMA earlier; resistance to watch on the topside stands at 79, followed by 79.18 (200DMA). On the downside, first support stands at 78, followed by 77.92 (50DMA).
- HUFJPY continues to retrace lower and is currently testing its key 200DMA support at 35.82; a break below that level would open the door for a move down to 35.27, which represents the 50% retracement of the 31.79 – 38.75 range. On the topside, first resistance stands at 36.09 (38.6% Fibo), followed by 36.50. (scale*100, chart below).
Source: Bloomberg/MNI
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok