Weekly:
- Ichimoku is neutral. Price is at resistance.
- Heikin-Ashi is bullish, but cn it make a higher high this week? -> haDelta may top
- MACD points up, but it lines are below zero -> "consolidation"
- EWO is back to neutral
Daily:
- Ichimoku is bullish with supports at 311,50 and 309,80
- Heikin-Ashi says a local top is possible.
- EWO is bullish, but the histogram suggests 3rd wave is completed.
Strategy: Reduce longs / Sell short dated covered Calls
Fundamentals: No change in Hungary. Macro is improving, Flow from C/A surplus is super (HUF) positive, there is serious wage pressure in economy, inflation already started to pick up, NBH is trying to do everything to maintain as high nominal FX rate as possible.
- Ichimoku is neutral. Price is at resistance.
- Heikin-Ashi is bullish, but cn it make a higher high this week? -> haDelta may top
- MACD points up, but it lines are below zero -> "consolidation"
- EWO is back to neutral
Daily:
- Ichimoku is bullish with supports at 311,50 and 309,80
- Heikin-Ashi says a local top is possible.
- EWO is bullish, but the histogram suggests 3rd wave is completed.
Strategy: Reduce longs / Sell short dated covered Calls
Fundamentals: No change in Hungary. Macro is improving, Flow from C/A surplus is super (HUF) positive, there is serious wage pressure in economy, inflation already started to pick up, NBH is trying to do everything to maintain as high nominal FX rate as possible.
