EUR/HUF

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EURHUF

I do not change the basic findings of my previous analysis. I only modify the path of movement. The EURHUF exchange rate builds on a second fractal. Wave theory can be used to end a correction wave of a double wave structure. If the analysis is correct, the exchange rate may start to fall from near current levels. Target price 317,6 HUF

In the movement of the exchange rate, a picture of an evolving fractal wave can be seen. The percentage of movements identified so far is 1: 1 fractal. If this theory continues, the exchange rate may weaken from the current level to 2.5%. In other words, the Hungarian forint can start to gain 2.5%. The target price of the Hungarian Forint is 314.64 HUF

The exchange builds on the second rising wave structure. This wave structure may be the second member of the first fractal structure (yellow rectangle). If the analysis is correct, the target price increase is 328.34 Huf.

In the long run, the Hungarian Forint moves on a weakening path. However, I expect further strengthening over a couple of months. Strengthening up to 310HUF can stand against the euro. This is an additional 2.4% increase from the current level.

That Hungarian forint weakens. According to the technical picture, the exchange rate consists of the last two major D1 fractal points. If you cross this shaft, a larger space will open for further reinforcement. Strength can be created in a dual ascending wave structure. The target price for the first rising structure is 332HUF. Then correction follows. Then the...

The exchange rate builds a rising wave structure. It is an extended triple wave structure. Currently, the second wave structure is built. The second wave target price is 331 HUF. Then we are waiting for ABC correction. Graph 1234 indicates a wave structure. Correction can be completed by an ATR axis. The cumulative wave structure may have a target price increase...

EURHUF performs corrective action. This movement is about to end. The exchange rate rises again from around 318.72 HUF. This may be the last wave of elliot. This wave section can be made with steeper movements with greater momentum. The EURHUF target price is around 341.20 HUF.

EURHUF long. The exchange rate has completed the correction movement. 0A wave motion begins. The target price is 316.93 HUF. Then the AB correction wave structure can follow. The bottom of which is around 315.52 HUF. Then the second rising wave BC can start, which is the price of 318,96 HUF.

EURHUF long to 316.43. The exchange rate can create a double-raised rising wave. This first wave may rise to 316.43. Then I expect a correction. The bottom of the correction is 311.72. Then the second wave waveform of the double-wave wave may develop. For this purpose, level 320.32.

EURHUF started corrective action. Correction level of exchange rate 308.8 HUF Up to now we expect the end of decreasing movement. Then again, climb to the 312.96 level. Then repeat correction. The wave for movement is 315,14 HUF

EURHUF correction follows. The exchange rate can be adjusted up to 309.3 HUF. Then the second wave of motion can move. For the next increase, the environment of 313.4 HUF.

EURHUF similarly performs corrective movements for other forint pairs. The size of the correction is the size of the last weakening wave. In this case, the exchange rate of the forint may rise to 308.40 against the euro. Then we expect the next stage of the wave of amplification that we have started. In the first half, half a wave, for which purpose is 314.26...

The EURHUF exchange rate has come to a correction level. In the current movement I expect a quarter-wave correction. This means that I expect to adjust the exchange rate to the level of 309.5 HUF. Then thereafter a repeated ascending wave. The next rising wave may be equal to the size of the previous wave. If the assumption is correct, the exchange rate for the...

EURHUF 305 level correction is then a long entry. Correction starts at the EURHUF exchange rate. This correction will be half-wave size. After reaching the correction level, the exchange rate rises. This will be 315 HUF for the purpose of this larger wave movement.

The Hungarian forint is technically strong enough, but we are now expecting some weakening. Therefore we are launching a EURHUF long from the 302,48 level. Our primary target price is 308,43. However, we expected a back correction of 370,36.

It is worth examining the exchange rate rate of the Hungarian payment instrument. In our opinion, there is a significant movement. A triangle surronded by ATR lines is expected upwards up to the 313,91 exhange rate. For this it is necessary to create a waveform in the 308,51 bounded field. If this happens, we expect signifikant movement from the correction point...

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