This is an interesting portfolio. Will these pairs follow USDCNH's lead? Is this the beginning of a new fundamentally backed intermediate term trend? Or just a very nice short term short? Setups on chart, we will cover these in our skype group's discussions. If you want live updates and more information, make sure to contact me via pm or skype. I provide signals...
USDRUB has finally managed to end its upward trend, started the begining of June 2015 The price level has shifted - before uptrend USDRUB was trading about 55, now it is trading north of 60. The end of the uptrend was marked by the price falling below quarterly mean and within 1st standard deviation from 1-year mean. Thus currently the pair is range-bound, with...
The BRICS (Brazil, Russia, India, China and South Africa) are highly watched emerging markets because they represented roughly 22 percent of global GDP in 2014. However, the global economic slowdown and increased geopolitical tension has weighed heavy on these markets. Although, India may be the most resilient economy out of the BRICS. India has felt its share of...