HumbleTraders

USDRUB - No brainer for long term Rubble bulls

FOREXCOM:USDRUB   U.S. Dollar / Russian Ruble
1280 11 6
There is no much to think about if you are long term Forex investor. Russian currency have never been so cheap before and will not stay here for long. After Ukraine crisis is over and the pace of sanctions had calm, we can expect speculation and investment to come back to Moscow to carry on as usual. This is the most powerful country on this globe. Its currency is poised to be in good shape. Build up short positions from current level, think long term . Put your trades on and ad to it on every lower top until the price gets to 5yrs average.
http://www.theguardian.com/world/2014/dec/15/russia-interest-rate-rise-17pc-rouble-collapse-oil-price
Reply
Interest rates risen to 17%. This is once in decade opportunity to own this currency.
Reply
Ehh... think long term, go russia.. there is no ukrain crisis anymore. They handled that and threw the pro-russian president. Now its just a russia-crisis. I mean, now its just russia. Again.
Reply
And here, would be more of short entered
Reply
See what just happened? OPEC announces that no supply cut is coming and the Russian currency tumbles. Some powerful country here. lol

The good news is that WTI is now trading at $69 and $60 seems to be the absolute bottom. In fact I expect a bounce at $68.
Reply
dp JohnKeverich
What are your WTI expectations of $60 and $68 are based on, please?
Reply
Technical analysis. For example, see here:
+1 Reply
dp JohnKeverich
Thanks John, didn't look at CL1 for a long time!
Reply
I second it, just look at Crude correlation.
+1 Reply
You guys focus to much on politics. But the real issue here is the price of oil.
+3 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out