Ukraine govenment had made quick desicion for coronavisurs, aos the number of infected people is preaty law, also Central bank has immadiate respons to changin environment in financial markets. In my opinion UAH will stabilize between 27.79-26.50 during next several months.
Everything on the chart. Open pos: market Stop: 27.35 Take profit: area 25.8-26.2 Risk: 1 to 3 Hello everyone, almost year ago i have lost my deposit(almost 8btc and i'm still broke w/o deposit and job,I can’t do my favorite thing.) and now i'm trying to get back to the market. If i help you to earn some money i will RLY VERYVERY THANKFULL for your donate. Also...
All on the chart. If I right and we are now moving in a correctional wave (4) we can go down to 26, I don’t think that it will be lower. Possible reversal levels on the chart (fibonacci). After correction wave (4) will finished. Target zone near 28.8-30. If we break level 27.3 you could open long position. Hello everyone, almost year ago i have lost my...
Ukrainian hryvnia is ready for second rally, now target is 28.421, lets see if price will cross that level
This pair is in the wave 3 of C. The corrective wave 4 should be around before the last wave 5 up. The wave C should reach 30.70 to unfold the same distance as wave A.
Long term analysis on US dollar - Ukrainian hryvnia currency pier - now trading at 24.973. Fundamentaly US dollar is weak, but most of major currencies are decreasing do to Coronavirus Crisis, so there is kind of a balance on Foreign exchange market. So the pattern Head and Shoulders looks perfect, which is a signal to buy USD against AUH, but we need to follow...
Hryvnia is forming an inverse head and shoulders and is heading to the neckline at 25, where there is a lot of resistance. But a break above 25 will send the price to the inverse H&S target at 26.7. This will be around October which will be reasonable because the Hryvnia historically weakens in winter. Price is above the cloud for the first time since 2018, which...
I live in Ukraine and look at the chart regularly, I have decided to share my thoughts on USD/UAH pair Fundamental Analysis Ukraine's economy keep on shrinking and our country must pay USD debts to IMF and so on. My country will lose gas transit money, as soon as south stream and nord stream are fully launched and that's a big hit to our economy. Recently UAH had...
The National Bank of Ukraine lowered its benchmark interest rate by 50 bps to 17 percent on July 18th of 2019, surprising markets who expected a 25bps reduction. It was the second rate cut this year, bringing borrowing costs to its lowest since June of 2018 and in line with reaching inflation target of 5%. Now price is 25.40 against USD. pattern wedge, which...
It seems the season will start soon, not much of grow, but anyway we will see. For educational purposes only.
The hryvnia (UAH) continues to trade sideways while in consolidation in the "no trade zone." Recently, the currency strengthened against the dollar (USD) and initially it looked like an opportunity to go long on the USD. However, the weekly EMA50 (which historically has provided support for the USD) turned into resistance, broke the 3 year trendline, and now we...
Ukraine's Hryvnia looks poised for a reversal to the downside on the weekly and lower timeframes against the dollar. There could be a 5-8% trade in here. 1) RSI is currently indicating a trend change. 2) Price action is currently indicating a trend change 3) Volume profile is quite high which could indicate traders are soaking up USD by trading in their UAH as...
After dollar collapse and major run to strong positions of Ukrainian currency, as i think elliot waves could be applied. In the near future price should retrace a little and stay stable till the next major period, which is starting from September. Although international money loan can disturb a situation for a while, we ll see. Im not responsible for your choices...