I see Brent Crude lower (see related) therefore I think the USDRUB will move higher making a retracement. How deep it will be is a guess depicted with the blue box between 75.50 and 77.20 so far.
Russian Ruble price action is getting on bullish side: - Falling wedge reversal in play - Deviation / fake-out below Range Lows to hunt stops - Consolidation in progress between Fib Levels 0.7 and 0.61 - Major news events. Russian Federal Reserve lowered interest rates. Cash and carry strategy used by foreign investors become less profitable. Money pulled from...
Hey there! Very simple setup explained in the chart. Basically stay short and if the pair closes above resistance look for very opportunities. If you have any questions please leave them in comments. Did you like the idea?? Give us a thumbs up!! Do you have a different view and analysis? Let us know in the comments. I love to be proven wrong. It is the only...
Buy now and more low price. Sell level 94 Profit +35% Wish you luck !
USD has been in a bear trend against ruble since March, it formed a topping pattern as a descending triangle and started a bear trend. since then it made another defending triangle as a bearish continuation pattern and broke down from it the target of that large triangle is around 68$. its currently completing another small descending triangle with a target around...
The structure became complicated and we see how strong oil affects this pair. It is possible that the upward cycle has been over already when it reached my first target. See related Now it will build corrective structure downwards.
T1 Trendline. If price will cross this trendline, we can expect another rally of RUB to 77.72
The market after the sharp rise till 82.750 level retraced till the 0.5 Fib level of the upper move. After testing the triangles lines is now getting to the end of it and due to the weaken time of the USD is pushing to the downside. We draw 2 important structure in blue that will give us the confirmation of the trend and an opportunity to take a position at the...
Trading opportunitie to 71.87. Russian Rouble will be locked in 71.378-77.728 range this summer. There are no fudamental factors to support this currency, so anly central bank can hold price below 77.72.
HI USD/RUB reacted to its support line and will move upwards. FOLLOW ME. STAY INFORMED UNTILL THE ANALYSIS IS DONE.
See weekly chart in related ideas for macro context. Expecting $USDRUB to play out in similar fashion.
Bias: USDRUB: up. US Stock market: down.
Low time frame channel I'm watching. What comes first: breakout or 72ish?
Still in hedge short to protect US stock profits, but from the looks of $ES and $CL $USDRUB is going to 100. Could test the middle of the channel like it did last time or breakout from the falling wedge shortly. Ready to flip long.