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 retracing higher in the past week and is currently testing its 100DMA at 297.60; next level to watch on the topside stands at 299 (200DMA). On the downside, first support stands at 291.90 (50DMA), followed by 290.
- EURHUF has been moving sideways in the past few days, oscillating around 351; resistances to watch on the topside stand at 352.60 (50DMA) and 355. On the downside, first support stands at 350, followed by 345.
- HUFJPY ticks lower this morning after finding a local high of 37.68 yesterday; levels to watch on the topside stands at 38, followed by 38.13. On the downside, first supports stands at 37.51, followed by 37. (scale*100).
- CZKHUF ticks higher this morning after finding support slightly above its 200DMA (13.73); resistances to watch on the topside stand at 13.81 (50DMA), followed by 13.86 (100DMA). On the downside, first support to watch below 13.73 stands at 13.60.
- PLNHUF has been retracing lower after failing to break through its 50DMA at 78.04 yesterday; levels to watch on the downside stand at 77 and 76.60. On the topside, resistance to watch stands at 78.72 (100DMA).
- GBPHUF has been stuck in a tight range in the past few days, trading between 408 (200DMA) and 409.30 (50DMA); next resistance to watch on the topside stands at 415 (100DMA). First level to watch on the downside stands at 405, followed by key support at 400, which represents the 38.2% Fibo retracement of the 348.10 – 431.60 range. (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