When the price level is crossed (line 1), the price will decrease. Options for corrective price growth are shown in the figure. Revision of the forecast when price levels are reached (line 2 and line 3), if necessary.
With U.S FED re-affirming its intention to fight inflation and Russia having its reserves in gold whereas U.S being reliant on foreign debt and oil for the workings of the U.S dollar. I now expect a deep relentless dive in gold markets. Target 1070$ and possibly lower in the next 12 months. Nevertheless this will not be in one go. There are many levels where...
The Ruble is dumping a bit against the USD.
For some reason (maybe because the DXY is pumping) USOILSPOT, Gold, and Silver are dumping today along with yesterday.
INVESTMENT CONTEXT
For the first time in over three decades Germany reported monthly trade deficit in goods, which accounts for EUR 1bn, against analyst expectations of EUR 1.2bn surplus. The spike in energy prices translated into higher import costs, while the sanctions imposed on Russia and China’s coronavirus lockdowns negatively affected exports
Iran...
lack of production, an overabundance of the currency, as well as a decrease in imports and exports, will lead the ruble to collapse in this fall. This is only my own opinion.
The USDRUB pair hit this week the lowest levels since June 2015, marking a remarkable turnaround for the Ruble (drop on the pair around -65%) since the March 2022 High at the peak of the Russia - Ukraine invasion.
With this massive drop, the pair is getting very close to the Higher Lows trend-line that started during the subprime mortgage crisis in the U.S. on...
For political reasons that everyone knows, and due to the repercussions of the Ukrainian-Russian crisis, everyone is eagerly awaiting the status of the Russian ruble currency.
With the beginning of the crisis, the Russian ruble fell against the dollar last February
From 74 rubles per dollar to about 130 rubles per dollar with the beginning of the entry into force...
The ruble has broken the resistance zone of 83.5-85$ and has reached the price top of the channel. The 90$ range is the resistance of this currency, in case of failure of which the goals drawn in the chart can be seen
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 24.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It...
USDRUB on the monthly chart is testing a historical resistance at the 80 levels after the test with a spike of the 0.618 Fibonacci level.
The market after the recent news on the Ukrainian crisis is pushing higher and we can expect some break above for a new ATH.
How can we approach this scenario?
Even though is very risky to trade with high volatility if the...
