Trade The World
EUR/HUF rebounds from key support zone – Société Générale
Ni FXStreet Insights Team
Petsa ng Pag-publish: 8 Oct 2025 | Petsa ng Pag-edit: 8 Oct 2025
POPULAR ARTICLES
EUR/HUF has staged a strong rebound after touching the lower end of its multi-month range near 386. The pair is now testing the 50-day moving average, a key resistance that has limited gains since June, Société Générale's FX analysts note.
EUR/HUF has staged a strong rebound after touching the lower end of its multi-month range near 386. The pair is now testing the 50-day moving average, a key resistance that has limited gains since June, Société Générale's FX analysts note.
Forint faces pressure as Euro tests 50-DMA
"EUR/HUF has experienced a sharp bounce after approaching the lower limit of a multi-month channel and projections near 386. It is challenging the 50-DMA; this moving average has capped previous rally attempts since June and may result in a brief pause."
"The daily MACD has been posting positive divergence, highlighting receding downward momentum. Defence of last week’s high near 391/390.50 could result in the persistence of upward move. The next hurdle could be located at the March lows near 397."
FXStreet
Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
Read More
