A "no-deal" Brexit could be three times more costly to Britain's economy in the long term than the coronavirus outbreak, a new study published Tuesday warned.the political and economic effects of the pandemic were likely to mitigate or hide that of failing to secure a trade agreement with the EU.
📌 But in the short term, the lack of a new formal trading...
STATUS = Confirmed
CURRENT CONFIDENCE = 5%
TARGET (EXIT) PRICE = 96.239253 RUB
BREAKOUT (ENTRY) PRICE = 95.780055 RUB
DISTANCE TO TARGET PRICE = 0.02% (2.2 pips)
EMERGED ON Aug 12, 06:00 AM (UTC)
CONFIRMED ON Aug 12, 01:14 PM (UTC)
WITH CONFIDENCE LEVEL = 73%
I found this pattern at tickeron website with the following data:
The Rectangle Bottom pattern forms...
STATUS = Confirmed
CURRENT CONFIDENCE = 63%
TARGET (EXIT) PRICE = 90.449193 RUB
BREAKOUT (ENTRY) PRICE = 90.079150 RUB
DISTANCE TO TARGET PRICE = 0.18% (16.0 pips)
EMERGED ON Jul 17, 12:00 PM (UTC)
CONFIRMED ON Jul 17, 02:51 PM (UTC)
WITH CONFIDENCE LEVEL = 70%
Tickeron AI shows that the Triple Bottom pattern appears when there are three distinct low points (1,...
This is a Bullish indicator signaling GBPRUB's price could rise. Traders may explore going long on the ticker or buying call options. Tickeron AI shows that
in 58 of 83 cases where GBPRUB's MACD histogram became positive, the price rose further within the following month. The odds of a continued Uptrend are 70%.
The British economy, after a long Brexit procedure and a drop in the value of the currency, began a successful recovery. A number of productive measures have yielded good results. The Russian economy, after a successful last year, made a huge collapse. This was influenced by a series of events related to new sanctions, a change in power and constitution, the...
Keep a close eye on the potential breakout area at around 85.39. If the pair makes a run for it and we see that break, this may clear the path towards slightly higher levels. Because the RUB had already a good run against its top world rivals, we can see that the pair struggled to drop below the support area around the 84.80 mark.
Ignore the idea,...
Potentially building up for a pop.
If the 82.90 breaks and we get a close above that level on the 240-minute chart, then we could be on to something here, where we could aim for the 83.85 zone, as the next potential area of resistance.
Alternatively, if this reverses back down and moves below the tentative upside support line, then we can leave...
This pair is currently forming something from textbook, that is called a flag. Now, theoretically, we could see a move to the upside later on, once it breaks the flag's upper side. Certainly, for us to consider this potential move to the upside, we need to see the break first.
Alternatively, GBPRUB could really extend the flag, by dragging itself...
The Sterling has begun to strengthen and the ruble appears to be a reasonable pairing to illustrate the pound's strength.
The RSI has broken out; and the AO is turning up.
On a break of the falling wedge a long position will be entered, with stops under the support at 75.
TP 1: 92
TP 2: 97
TP 3: 103