#FOREX #CNYRUB Good Saturday night to everyone! What's happening now? The Central Bank of the Russian Federation continues to keep the ruble exchange rate in manual control, which is why we are observing a protracted lateral movement. But now we will not dive into the fundamental wilds of why, why and who benefits from it, but just see what our trading system...
Ruble vs USD with Special Military Operation News in Chart including the recent Nord Stream event. This is just for historical reference and not a political statement. The Ruble makes all the statement possible anyway : ) Enjoy.
in my opinion the strengthening of the GEL is due to mainly the Russian migration or moreover the Russian escapee from their homeland cause of the global sanctions imposed on them, and Georgia is the one & only country on earth that has this easy visa politic towards Russia, long story short, they couldn't find a better country to become permanent residents...
After an expected dump a V shaped recovering quickly took place. The chart has notes on happenings along the way. In an upward trend RUB/USD looks to have a firm foundation at +25% after 170 days since the start of "Special Operations".
Looking to me like the Run for the Rub is over. put in a clear Head and shoulders pattern.
Wait a minute... Why is the RUBLE / Bitcoin chart not playing the same game as everyone else here... RUBLE/BTC is in a bullish ascending triangle while everything else is in a bearish ascending channel... manipulation?
Top left BTC longs Bottom left BTC USD chart Top right RUBLE RUBLE USD chart Bottom right RUBLE BTC chart the RUBLE BTC chart is highly correlated with the BTC chart. The liquidations were added as the Ruble price rises and it looks like they were adding margin because it doesent show liquidations, just a run up and flat, run up and flat. I believe they are at a...
The forecast for the beginning of a corrective upward movement when returning to the trading zone canceled in the figure.
The truth is that the most likely answer is yes, the Ruble will keep going higher. Russia is a massive commodities exporter, from oil & gas, to wheat, and therefore there is a constant bid for its currency due to the natural demand for its resources. As Russia is hit by several sanctions, it is very hard for them to buy stuff from outside of Russia, and therefore...
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.
Ruble is in Beast Mode against US Dollar. Recent dip, but still strong and above all meaning moving averages on the 3 day chart starting at "Special Operations".
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.
world isolation is biting hard on their economy as their balance sheet will shrink to imminent default. Sustaining the balance of war and healthy economic growth is impossible under current conditions.
The sanctions have not undermined the Russian currency as one would have expected. I wonder if the rule induced default will have any effect on May 25. The ruble has pushed back into 2014 territory...and looks capable of hitting 48 to the dollar. ouch.
EURO USD is looking pretty good on the MACRO. A break of the channel was attempted but failed. I believe a retest of the rising trend-line within the channel is possible without a break below but if it breaks below we may retes the bottom of the channel support before moving up and breaking out of the channel. I dont think that is what will happen because the...
dollar VS ruble best posation for buy economy of Russia will be in pressure more.