💾 U.S. Dollar / Russian Ruble TOMI know you Forex people are all experts so there is no need for much "talking"/writing.
USDRUB goes above EMA50 weekly.
Bullish wave confirmed.
Potential targets are marked with a black dashed line on the chart.
This rally should last 2-3 months more or less.
Going below EMA50 invalidates most of the bullish momentum.
Namaste.
Usdrublong
Mutiny Sends Ruble to Lowest in 15 MonthsMutiny Sends Ruble to Lowest in 15 Months
In one of the most turbulent trading sessions this year, the Russian ruble reached its lowest point against the US dollar in nearly 15 months on Monday. This decline followed the failed mutiny attempt by The Wagner group’s armed mercenaries over the weekend, which caused significant concern among traders. Initially catapulting to approximately 87 rubles per US dollar, the ruble later recovered some of its losses, settling at around 84.40, down 0.90% against the greenback.
The Wagner group, led by troops loyal to their leader, made an unexpected advancement toward Moscow, covering hundreds of miles before eventually reversing course. In a deal struck with the Kremlin, it is reported that the group's leader, Prigozhin, will go into exile in Belarus. This incident is regarded as the most significant challenge to Vladimir Putin's rule and could weaken his leadership.
The armed uprising also caused volatility in other markets. The international benchmark, Brent crude, rose by 0.8% to approximately $74 per barrel. The trading volume between the Russian ruble and Tether's USDT nearly quadrupled from $4 million on Saturday to $15 million on Sunday.
In other developments, the Japanese yen strengthened by 0.11% against the US dollar, trading at 143.50 per dollar. Vice Finance Minister for International Affairs, Masato Kanda, stated that Japan was not ruling out intervening in the currency markets again. He expressed concerns about the yen's rapid and one-sided depreciation against the dollar. Japan previously intervened in the foreign exchange markets in September and October of the previous year when the yen hit a 32-year low of nearly 152 per dollar.
💾 U.S. Dollar Bullish Against The Russian RubleWe are looking at a monthly chart, this is an extremely bullish setup.
USDRUB about to go up strong.
What we see here after the May-June 2022 crash is a recovery phase.
This recovery phase is completed December 2022 when USDRUB closes above EMA100, EMA10, EMA50 and EMA21 in the same month.
At this point the bullish bias is confirmed.
January 2023 was a month of consolidation, the session closed above the moving averages.
In February 2023 the bullish trend starts following the recovery.
In March 2023 we get bullish confirmation/continuation and in April the bullish bias intensifies.
After 4 months of slow but steady growth, the accumulation phase is reaching its end and we should see a reverse of the move that happened between May and June 2022.
As it crashed fast and strong, it will rise with force.
This analysis is supported by additional signals.
The MACD has gone bullish as it trades monthly above 0.
A very strong bullish cross took place and the histogram is full green.
It is also trading above Fib. resistance (now support).
Plenty of room available for additional growth.
The RSI can only be consider super strong when trading above 50 monthly, a great reading... Here is the chart:
Invalidation point
For this analysis to become invalid we would need to see a close monthly at least below EMA100 or $63. Technically speaking, the bullish bias still remains valid even with such a drop.
Prices would need to close below HKEX:50 for the current structure to breakdown.
Everything is pointing up.
I am sharing this update because many people showed interest in my previous analysis "USDRUB_TOM" from Dec. 2022, shared in the "Related Ideas".
Thanks a lot for your time and support.
Namaste.
USD/RUB :: What will happen to the USDRUB ?USD/RUB :::
1_ Blue channel :
Daily time frame :
It is moving in a descending channel .
Pay attention, there is a possibility that it will move in a range and reach the ceiling of the channel without increasing the price.
2_ In the time frame of 4 hours, it has broken a triangle that has sufficient validity and can confirm its fall .
3_ Returning to the red circle in the middle line is inevitable .
But the final movement will be towards the roof of the channel .
USDRUB worst case scenarioif you haven`t read my first article when i expected the 86 level to be reached after the Russian ruble was no longer aligned to Crude Oil price:
or the 95 target after the Ukraine invasion:
this time i expect, considering all the sanctions and the fact that exchanges are selling USD in Russia for a price at least 30% higher than the forex market; i even saw a picture where 1 usd was selling for 250 RUB, then my prediction in 150 this time, or the dollar to be 2X stronger than it was at the beginning of this was.
Looking forward to read your opinion about it.
is it true that the US Dollar is already trading so high at the exchanges?
Is Bitcoin a safe haven in these times of uncertainty?
USDRUB | RISE FROM SUPPORTUSDRUB is trading in a bullish trendline making good higher highs and higher lows, the current price has hit the top which can be the double top on shorter timeframe. We are expecting a dip atleast to 77 area and then bulls will again active to push the price byond the 80 levels.
Alternatively, the fall till support trendline will be a game on for bears and they can push the price to even lower.
Trade your levels accordingly.
USDRUB Russian ruble is no longer aligned to Crude Oil priceI don`t want to be prophetic, but does George Soros ( 91 years), The Greatest Speculator of all time, want to be remembered as The Man Broke the Bank of Russia too?
Developments in Kazakhstan and NATO supporting Ukraine to defend against an invasion from Russia are bad signs for the ruble.
US, UK and other officials started the evacuation of their embassy employees Kyiv.
The US, UK and other NATO members warned Russia about the heavy sanctions bombardment in case the tension with Ukraine escalates.
Bank of Russia wants Full Ban on Crypto, calling Bitcoin a Ponzi scheme. Russia's central bank consider trading, mining and crypto usage illegal. the Russian Ministry of Finance also announced a halt of foreign currency purchases, to withhold the further downslide of the ruble.
I see an imminent breakout of usd to all time high if the tensions escalates.
Looking forward to read your opinion about it.
USDRUB 73.20 - 0.32 % LONG IDEA * PRICE ACTION & STRUCTUREHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE USD / RUB .
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
USD/RUB I renewed the old idea on purchaseI decided not to create the new idea, and to renew old since the purposes remain same. SL on 73.09
Correction in 0.786 according to Fibonacci is executed, growth will continue perhaps further.
The provided information only educational also should not be used to take measures in the market.
USDRUB analysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
My vision on USDRUB pair, i would recommend to buy that active,right now.
yes, we can get stretching our correction wave and get decrease until ~74.5,
but if my markup is right, the potential for growth is much greater.
target: minimum target ~89
stop: ~72.3 (top of wave (1))
risk/reward almost 1 to 3.5
Good luck
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
It's not financial advice.
If i help you TO EARN SOME MONEY i will RLY VERYVERY appreciate for your donate. (I lost almost 100k$ about 1 year ago,it was all)
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions(PM to me).
USDRUB - Buying backlooks like someone absobe all sell volume
i think it can rise up so much
buying back the straits
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
USDRUB 9 ideas out of 8 closed in +#USDRUB 9 ideas out of 8 closed in +
Druzya, hello everyone, I haven't reviewed the USDRUB trading pair for a long time, as we follow the plan of the previous idea.
The pair continues to move within the ascending channel.
Currency pair Dollar Ruble USD / RUB began to develop the "Triangle" model. Where an additional bowl with a handle pattern was noticed inside, where the working out was very good. At the time of publication of the forecast, the US Dollar to Russian Ruble exchange rate is 77.32
As we can see, the price renews local new highs and is held in an upward channel and tends to the global resistance level, which we have at 79
Whoever holds the dollar now can make money on a small correction. But those who have no experience have nothing better to do, but just keep, as global growth awaits us.
There are also patterns that indicate the continuation of the trend and thus the depreciation of the ruble. In addition, if you include fundamental analysis, then the country has a very bad economic situation.
If there are grounds for revaluation or devaluation, such processes occur gradually, not created by a shock situation on the market, "
Friends, if you do not know where to invest, write to me.
P.S. If you keep everything in dollars, then this is not a good investment, since the dollar is only growing, but in the world market it is gradually depreciating.
💵USD / RUB 1D. Is the rally starting?Hello everyone, friends!
As I said yesterday, I expect further growth in the dollar, which, in principle, we got. Now we are trading at the key resistance level: the 0.382 Fib level and global resistance.
If we look globally, we have:
1) Made 2 bottom, pushed off.
2) A rectangle formation was formed from the bottom (in fact, flat, in fact, accumulation). It works out on TA in the direction of the trend, and now we have an upward movement.
3) If one of these days we can break through and gain a foothold above 75 rubles, I'm waiting for a flight higher, with the potential to update the hai. Fibo level zones are interesting.
Such thoughts about the dollar. Considering that the euro has already flown into space, the buck is still lagging behind.
If you need this analytics, put 👍 and subscribe!
I will also be glad to see your comments under the idea, what do you think about this?
#USDRUB