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...
The currency pair is trading in the consolidation range around 69.90. Today we consider the probability of a decrease to 69.00. And with the breakdown of this level downward, the potential for reduction to 68.75 with the prospect of working off the level of 67.50 will open. If you exit the range upwards, correction to 71.00 is not excluded.
Prices are on their way to the last leg of the downtrend
Hello everyone. The dollar is getting more expensive, the ruble is getting cheaper. What awaits us next? The main trend is still an uptrend. In general, we can expect that sooner or later we will see a breakthrough. Given that all the new factors that have added to the big picture now are more bullish, since we have good support. I think that growth has begun. A...
All speculators welcome. Correction WXY almost done. USD/RUB USD/MXN USD/ZAR are the most volatile currency pairs
Buy now and more low price. Sell level 94 Profit +35% Wish you luck !
Friends, hello everyone. Today I want to do a review on a pair of USDRUB. This pair is trading in a double channel and a descending wedge is drawn, which signals a possible fall of the ruble to the level of 70 for 1 dollar. Just as we know, we have bad news on fundamental analysis - money continues to be printed. I associate this strengthening of the ruble with...
The Russian ruble had a great run last month against the US dollar despite the massive economic hurdles faced by Russia. Bearish investors are hoping that June could be positive for them as well. Looking at last month’s rally, data from the Moscow Stock Exchange shows that the Russian ruble strengthened by more than 6% against the US dollar. The allowed the 50-day...
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 price is isentering into gold ratio zone and has formed bullish pennant with divergences on macd. long
Significant gaps formed in USDRUB and USDCAD If they should close now, it means that after the close there will be a new wave UP. For all currencies against the dollar. This is also indicated by fundamental analysis. And this means that the weakening dollar is now a correction, after which a new powerfull upward movement will follow.
Backdrop Rapidly escalating trade war tensions between US and China and concerns on a potential second wave of covid-19 continue to linger. President Putin faces many challenges domestically, and his policies could ultimately impact the direction on the ruble. Trouble at home Russia is struggling to contain covid-19 at home and is on track to remain top 3 in...
We are approaching the stated goals of $ 68 for $ 1, after which I expect to see a new stage in the depreciation of the ruble and the continuation of the crisis, which everyone would seem to have forgotten about) Below we have an unclosed gap The ruble appreciation was caused by growth, demand for risky assets, and most importantly, the restoration of oil...
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.