See weekly chart in related ideas for macro context. Expecting $USDRUB to play out in similar fashion.
Low time frame channel I'm watching. What comes first: breakout or 72ish?
The dollar continues to move in a downward channel, we expect an exit from it up. The Russian currency was under pressure paired with the dollar amid the resumption of negative dynamics in the oil market. Strong support zone 74-75, level 75 is now holding the price. Most likely in the near future we will see an increase to 80 USD. I publish a very likely scenario...
The Russian currency was under pressure paired with the dollar amid the resumption of negative dynamics in the oil market. In the event of a further drop in oil, experts admit a dollar more than 80 rubles. I publish a very likely scenario of further price movement) P.S Friends, support this idea with your like and any comment. This will be the biggest thank you...
if you have your market view, please share it in comments Also, you can ask me questions and which you have in comments Have a great day everyone!
The mid-term technical analysis of the USDRUB pair looks very explicit: a confident uptrend. Perhaps the only thing that stands in the way of the pair is resistance 69-70, overcoming of which opens the way for the pair to growth at least 75 (the area of consolidation of the panic time of the beginning of 2016), but in general the most logical synopsis is to...
USDRUB. We have a symetrical triangle pattern above the 4H 200 EMA. If it holds, then we'll see the current resistance break and a move up higher happen. You'll have to put your SL below the 4H 200 EMA with just a little space to it in case of spread volatility since its an exotic pair. Happy trading.
In terms of macroeconomic statistics, today promises to be exceptionally calm. However, he will hardly be calm. The markets will continue to watch with tense the US trade wars against China and the world. And it's not even about $ 200 billion in additional goods that will be subject to tariff increases by the US (according to the latest information, Trump approved...
Over the past few days, the Russian ruble has lost about 10%. In a natural way, this attracted considerable interest to it. So, we need to talk about the current and medium-term prospects of the ruble. The current decline in the Russian currency is the result of a few factors. Both internal and external ones. Let's list the key theses and give some explanations...
USD/RUB is entering to possible trend reversal area. This area could be nice to go long with USD/RUB. I see flag formation and bulish divergence @ macd histogram on 4h chart. Profit Targets: 61.39 62.79 65.08 Stop Loss: 60.03 Have a nice day, Berk
USD/RUB triangle pattern complete. Strong resistance in the 56.80 area, consider a long entry until the 57.78 level.
Corrective wave coming now. Elliott waves and Fibonacci numbers say us where we able to come.
Market analysis; The pair is now trading near the support zone with a strong triangle zone too. If the market holds the triangle support we can expect a rally up to the next resistanc. So let's wait and see what the market does in the coming days, cheers!
USDRUB - LONG Daily chart above support