On given time frame going to see $1 = 63 rub
Hi there! Ruble's strength is temporary and is going to finish very soon. We are in a last wave down. Its good to buy break up of yellow resistance line. Minimum target for wave 5 is 85.95 level (wave 3 high). Enjoy!
As I described my thoughts on the chart.
Technical analysis of the currency pair #Usdrub The currency pair is still in the uplink. Looking at the currency pair, striking candle figure 2 with an interval of a week. Morning and Evening Star. Reversal pattern on this pair is ready. We retain a negative view against the Russian currency. This view is based solely on macro-economic factors, as well as...
In parallel with the upcoming fall in oil prices to $ 22 ? we will see the growth of the dollar against the Russian ruble to the level of 96.00 USDRUB This happens already within 3-4 months Currently the price is in the resistance 83.27 (Red zone) The beginning of this forecast is (Blue zone) 76.26 and Breakout (Red zone) 83.27 Buy USDRUB until USOIL drops to $ 22 .
Another way to go long oil for a short term bear rally. Short USDRUB (VIA long RUR single contract per $100,000 of capital) @ .01268 for contract or the equivalent of ~77.4 USDRUB Risk is .67%
I am looking at a parabolic type of move and then a deep pullback
Short Entry @ 70 if it break the support trend line SL: 71 Target: 54
We will see if RUB can break through triple top of 72 for the 5th wave up of around 80. We are also looking at a contracting triangle with a possibility of a breakout
After the WTI Oil has confirmed its breakdown from its relevant range, USDRUB reacted accordingly - by breaking out from its range it has been in since September. Price is now above both 1-year and 1-quater distribution, trading above upper 1st standard deviations from 1-year and 1-quarter mean - signaling more upside probability.