- Educational purposes only! - Trade at your own risk! - Main language - Russian
Alt count for USDRUB that is very similar to the one I've published earlier though show less aggressive targets for short term trade. Anyway I expect upside in this pair into next week followed by RUB appreciation into 72.5 zone until mid June.
RUB is ready to launch to 75+ zone. Expect a retest back to 73 sometimes in mid June followed by swift move to 78+ area by mid July. Expect the pair to trade near 72 in Sept-Oct later this year, this should be a good buying zone for 2022.
USDRUB after the test of the support area broke below, the market has now retested the previous support, now turned resistance, and according to Placton's strategy if the conditions will be satisfied we can set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure...
- Educational purposes only! - Trade at your own risk! - Main language - Russian
Hey there FX_IDC:RUBUSD We are looking for a standard "Left - Head - Right" figure Please waiting until the pattern is going down to 76.458, that means the Head figure will finish. Please don't buy now. Like if you like idea, Share your comment.
Select foreign currencies, after Covid/coronavirus bounce-back, have been weakening since early December 2020 - ahead of the NASDAQ (IXIC) question of faith in mid February 2021: Russian ruble RUB/USD, Brazilian real BRL/USD, Colombian peso COP/USD, Mexican peso MXN/USD, Korean won KRW/USD, Thai baht THB/USD, Japanese yen JPY/USD, Euro EUR/USD.
Greetings dear traders & investors! To your attention we want introduces our long-terms technical view to Russian ruble. As you see, Russian currency get a long term uptrend from 2014 and after ABC-move we start 1-5-move to 90. In 2021, when Biden was come a president of United States, we waiting a strong political and economics restrictions from him on Russian...
Already running a long on this since 89.000 but if not in the trade this retrace offers another chance to enter. Price is now at 0.618 Fibonacci and this aligns with previous structure so if this rebounds from here it is a good long entry. Target remains 92.509 as in the previous post for this pair. SL can be just below 0.786 Fib
This is at a support level which has previously seen this reach the top of a range between 92.500 and 94.000. Before entering any longs we need to see MACD rise above 0 which would suggest this is returning to a bullish trend. Also EMA's cross for long will help confirm this further. If these indicators are confirmed then target is 92.509 with SL just below the...
USDRUB looks absolutely similar to indexes (RTS, SNP500). The only difference is that the pair will not go for new significant lows beyond 72 The same picture is happening with 6R1! (Russian Rubble Fu). If needed I will publish the subject chart.
The RUB is getting stronger amid global weakness of USD (DXY) and rising crude oil. Below RR 72 the move to the upside could be invalidated. There is a chance that this drop could extend to the downside to build the large wave Y of WXY flat correction. We saw such a drop in wave W before. The minimum target is to hit the start point of wave X at RR 68. The equal...
Trying to assess risk aversion by plotting SPX - EM currencies (TRY MXN RUB) & DXY
USDRUB on the daily chart found a perfect bottom at the 0.618 Fibonacci level. The price ends the retracement and started a new impulse. According to Plancton's strategy, if the conditions will be satisfied, we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
Russian ruble's tests at around 80 seems to support the idea of further supply at and above this level. A further move towards 90 and above can be expected though the trend may turn afterwards. Russia is an important commodity exports based country and oil is an important component of country's revenues. However, oil market outlook is not bullish and not...