USD might test level of 439 in coming days, followed by retest and further continuation upside topping in the range of 460-470 KZT per USD closer to June 2022
EURKZR long! Trade regarding your strategy.
let's see its' beautiful execution. KT
Same situation as with USDRUB. The structure gets complicated.
This oil-related pair is going to complete the wave 4 down reaching minimum area of retracement at 38.2% Fibonacci of wave 3 at 430. The next support is at 50% at 420. I see the USDRUB should reverse soon so this pair then is going to follow. The target for wave 5 is located within 474-485 range.
A fresh and new instrument to the @ridethepig Tradingview portfolio. Tenge finding a strong bid with a lot of air below to the next target area. Tenge is definitely oversold and cheap compared to other valuations in EM FX space, the attractive carry is worth playing if you have Oil or RUB in the playbook. A quick recap of the Oil Macro chart: From a...
Powerful Traders' predicting 390 - 400 near time.
Hello Kazakhstan! Be ready for 450 - 500 tenge vs one dollar. Suppose to see strong uptrend! Best regards, team traders "Powerful Traders".