Break of neckline maybe generating strong sell signal.
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Despite a prolonged period of strengthening of the Russian currency versus the one of European Union, the decline shows signs of deceleration and possible reversal in tune with a larger uptrend towards psychological level of 100 and beyond. The latter is unlikely however, since it looks like the major uptrend itself is getting tired already. If everything goes as...
I will be buying the Ruble with Euros since I think we have tremendous downside potential as well as excellent yields as a carry trade.
The setup is to determine size on each leg of the pair using 1 month ATR, or 3 times the daily ATR value, and then proceed to short the EURUSD and short the USDRUB pairs to profit from this juncture.
You could look for a technical...
Last week, we saw a huge short squeeze in oil and it seems that there could bee a opportunity for Crude's bulls.
The RUB lost a big part of its value due to the Global fall in commodity prices.
However if we believe RUB and Crude touched the bottom, then we could try a short USDRUB, or if you think EUR is going to be smashed by Yellen on September (or October, or...
