Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
For the past eight decades, the U.S. dollar has been the dominant global currency following the Second World War. It has been widely...
Hello. On the USD/RUB pair, a technical analysis pattern of an ascending triangle is forming.
We have two potential scenarios.
The first scenario is that if the ascending trend line is broken and the price consolidates below it we can expect further price decline to the Fibonacci level of 0.618 or 66 RUB/USD. On the chart it is noticeable how the support levels...
Jerome Powell is the #1 Financial terrorist on Planet Earth right now, soon the powers above him will demand an end to his regime of Maximizing damage upon Working People around the globe
Hyper financialization of all goods and services has proven to be a failed experiment. the global economy needs to organically re-organize and re-energize itself.
One...
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This is just for historical reference and not a political statement.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.
As the risks of an energy crisis increase, the euro is nearing its lowest level in 19 years
Today, the price of natural gas has increased by 9%, and the price of electricity for one year in Germany is 14 times higher than the level of one year ago. The numbers are crippling for heavy industries, with Germany's DAX down 2.3 percent today, the steepest drop in...
Ritual figures on the chart that were ahead of the events in Ukraine.
The timeframe on the chart is 1 week.
57 weeks (12) Time
399 days 21 (management changes)
Potential maximum channel height + 303%
57 weeks. 399 days.
It all depends on how the price fixes in these important areas. Fixing the price above a certain zone will mean further growth of the dollar...
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...
Just made kind of a prediction yesterday since some friends were interested in the RUB hitting the floor
Original prediction made yesterday (3:42AM pacific time 28th)
And then looked at today (also the idea has this anyway).
Seemed pretty easy and I'm not sure where it will go from here or how far down it will go. It just depends on the war and any...
ENG
The Ruble faces strong resistance at the 0.0121 level and the question remains;
Has it already flipped the previous level for support?
In my opinion this has not yet happened and the entry remains in the same position as in the previous post.
Personally I did not expect such a strong rally after the trend changed. I expected a much more aggressive...
Since 1997 the Ruble has been in free fall (see chart on left, 3 month line chart showing drop since 1997 through today).
Anyone talking about the pre-war recovery needs to zoom out and look at the bigger picture.
Two days ago, inflation was at 9%, it has nearly doubled in that time, skyrocketing to 16.7% (chart on right, shows inflation since near the start...
Short on $USDRUB for a potential touch of $100 again
* This trade should be closed before end of March 2022 or early April 2022
* This is risky trade potential unwind of long $USDRUB position this month
