USDRUB 2015 PlaybookSee weekly chart in related ideas for macro context.
Expecting $USDRUB to play out in similar fashion.
USDRUB MOEX
Resistance test$USDRUB futures is having hard time with that resistance level. We need to reclaim 78500 if we are to see higher prices. Still in spot long, but good place to hedge.
Hedge on hedgeStill in hedge short to protect US stock profits, but from the looks of $ES and $CL $USDRUB is going to 100. Could test the middle of the channel like it did last time or breakout from the falling wedge shortly. Ready to flip long.
ridethepig | RUB Market Commentary 2020.02.14I will keep this one quick as it is Friday afternoon... its clear that high beta has been in demand from some faster hands of late. Nothing of meaningful weight in the ladder, I think we will test the highs before pulling back. Another technical break to the topside in play with some strong US data. This looks set to test the highs in USDRUB for now. Tactical long on a breakout recommended.
You will notice how we never got the breakdown:
Buyers came in strong and seems happy to play the topside for now. A push from local banks in Russia as capital begins to pour back in will be enough to get us back to the 64.2 highs where I would look to cover and recycle shorts.
As usual thanks for keeping the support coming with likes, comments, charts and etc. Jump into the comments with your views on RUB!
The most perfect TA you'll ever seeThe USDRUB triple support confluence should be a meme. So perfect, so nice. 70RUB+ is pretty much a certainty.
Expect ruble to strengthen towards 63 against US dollarFrom my point of view, current market situation allows ruble to gain another 5% vs US dollar and reach 63 figure level, from where it can continue down to 61 figure area, where the massive upward support is located.
USDRUB Market Structure Analysisif 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!
Russian Ruble (USD/RUB) Sell limit 64.80 >>> 61.39Russian Ruble:
During breakdown of the first candle. growth is same size of candle. ( TD )
Current candle is big. So we size a little different.
Daily chart
Current = Trend is down
MN = time frame
We have a big candle (First candle (TD))
I'm waiting on daily chart 64.80 (RUB) and after that we have Low trade zone/support for fixing deal = Target is 61.39 (RUB)
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Sell Limit = 64.80
Take Profit = 61.39
Stop Loss = 67.17
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Profit = 5.26%
Risk = 3.66%
LONG USDRUB FOR 175LONG USDRUB FOR 175
According to DXY index, WTI & Brent oil prices and the huge traded volume of RGBI Index, we're going to see 175 Rubles per US Dollar.
DXY 110 - 120
USOIL 10$ - 20$
USDRUB 175 - 250 Rubles
USDRUB Quick Analyse 56.000 is my target
(I don't trade this pair but I live in Russia so I should know what happens with my country currency.)
Short term up on USDRUBHighly probable uptrend on 1h
Also we have small divergence on MACD 1h and standart divergence on 4h
