The Euro, Europe's common currency, has emerged as a symbol of unity and strength in the European Union (EU). Since its inception, the Euro has played a pivotal role in fostering economic integration and stability among its member states.
Introduced in 1999, the Euro replaced a myriad of national currencies, streamlining trade and financial transactions across...
Extremely High-Risk EURRUB Initial Short. We already had a short going on this pair, it hit TP1 and then stopped out at breakeven. Looks like its going for another swing low. I'm posting this purely for speculation purposes. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset. This signal also uses Super 6x: RSI, MACD, Stoch,...
Hello Dear Traders,
You find below my analysis for EUR/RUB, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/RUB will fall to 86.75 as I am showing in my chart. Our Daily Goal is 86.55.
Currently, EUR/RUB is moving towards the resistance level of 87.45 ,where there is some liquidity from this...
Hello Dear Traders,
You find below my analysis for EUR/RUB, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/RUB will fall to 86.75 as I am showing in my chart. Our Daily Goal is 86.55.
Currently, EUR/RUB is moving towards the resistance level of 87.35 ,where there is some liquidity from this...
Hello Dear Traders,
You find below my analysis for EUR/RUB, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/RUB will fall to 87.25 as I am showing in my chart. Our Daily Goal is 87.
Currently, EUR/RUB is moving towards the resistance level of 87.65 ,where there is some liquidity from this...
Fundamentals
Today's Russian inflation data could increase market bets of an interest rate hike by the Russian central bank in August.
Against low-interest-rate yielding currencies like the U.S Dollar and Euro, we could see a stronger Ruble as long as the risk of U.S sanctions on Russia does not persist.
Key Points:
Russia’s inflation currently stands at...
With high inflation above the Russia Central Banks 4.00% inflation target.
Markets are currently pricing in two interest rate hikes from the central bank over the next 6 months.
This will make short-selling EUR/RUB and USD/RUB very attractive to yield-seeking investors.
In this video, I break down both trades in detail.
The market hasn moved up near the zone of the previous high created in march 2020.
Currently the price hit the resistance and is looking for a correction.
If the price will break and close below the 4h structure, at the retest of it we can set a nice short order according with our strategy.
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis,...
