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CLEAR UPTRENDHello Traders, I'm sorry I can't make a video, I have a flu. USDHUF is clear uptrend, Check Monthly we have a bullish engulfing, Weekly we have Inv.. H&Ss patterns and the neckline has been broken, so now it is retesting, let wait for a retest to complete and look patterns.
NB:NO REVERSAL PATTERNS
USD/HUF 4H LONG Investment OpportunityHello, I am Trader Andrea Russo and today I want to share with you an interesting LONG investment opportunity on USD/HUF. We are on a 4-hour chart (4H), and several technical indicators are highlighting an increase in bullish pressure. Oversold signals and the recovery of momentum suggest a potentia
Can a Currency's Destiny Be Rewritten?The Hungarian forint stands at a critical crossroads, embodying a profound economic narrative that extends far beyond mere exchange rates. Its persistent decline—losing 59% against the US dollar over a decade—represents more than a statistical anomaly; it symbolizes a nation's complex struggle with
USD HUF breaking out now Long - Wednesday 23 October 24
I noticed this breaking out a few hours ago and I took a Long position.
It pulled back and went quiet for a while with little volume. But the strong way it broke out I figured closer to the New York session there will be more traders onto this.
Daily and weekly chart for where price is headed n
USDHUF Major double bullish break-out took place yesterdayThe USDHUF pair achieved a huge double bullish break-out yesterday as not only did it break above Resistance 1 (360.650) but also above (and closed) the top (Lower Highs trend-line) of the 4-month Descending Triangle pattern. At the same time it closed above its 1D MA200 (orange trend-line).
This i
Trade Signal: USDHUF - Direction: SellDear Traders,
We have identified a trading opportunity for the USDHUF currency pair and recommend taking a SELL position based on the following parameters:
Enter Price: 353.078
Take Profit: 351.77733333
Stop Loss: 355.38033333
This trade recommendation is based on an analysis conducted
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The value of the USDHUF pair is quoted as 1 USD per x HUF. For example, if the pair is trading at 1.50, it means it takes 1.5 HUF to buy 1 USD.
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