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
- USDHUF has been consolidating lower in the past two days after finding a local high at 303.70 yesterday; support to watch on the downside stands at 300, followed by 298 (50D, 200DMA). On the topside, first resistance stands at 305, followed by 307.70.
- EURHUF ticks lower this morning, currently trading slightly below its 50DMA at 354.20; supports to watch on the downside stands at 352.40, followed by 350. On the topside, firs resistance stands at 355.60 (100DMA).
- HUFJPY ticks higher this morning after receiving support slightly below 36.50 yesterday; key resistance to watch on the topside stands at 36.93 (100DMA). On the downside, key support remains at 36 (200DMA). (scale *100).
- CZKHUF ticks lower this morning after failing to break through its 14 resistance level yesterday; key resistance to watch on the topside stands at 14.15, which correspond s to the pair's all time high. On the downside, first support stands at 13.87 (50DMA), followed by 13.82 (200DMA).
- PLNHUF continues to test new lows, breaking below its 77 support this morning; next level to watch on the downside stands at 76.55. On the topside, first resistance to watch stands at 78 (50DMA).
- GBPHUF ticks lower this morning after finding a local high at 419.70 yesterday; ST support to watch on the downside stands at 413.90 (50D, 100DMA), followed by 410.50 (200DMA) and 408.80 (38.2% Fibo of the 2020/2021 range). On the topside, first resistance stands at 420, followed by 424.60 (July 28 high). (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