Killy_Mel
Long

MACRO VIEW: USDRUB HOLDS UPTREND TEST DESPITE OIL

FX_IDC:USDRUB   US DOLLAR / RUSSIAN RUBLE
USDRUB             held uptrend test on 1-year and quarterly basis (bounced back from 1st standard deviations from 1-year (264 days) and quarterly (66 days) means).

What is strange, Russian Ruble             continues to fall despite downtrend in WTI oil             has failed recently. (see related)

If price continues to trend upwards (above 66) - likely target is 80, a level outlined by Russian Central Bank today as the price at which it will raise interest rates again.

Failure of USDRUB             uptrend will be confirmed only when price tags quarterly mean (at 60 now)
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out