USDRUB upd. Sep. 30, 2021 - (conspiracy view)Pros
- One of the best armies on this globe. Almost completely reorganized in the last 10 years with the latest weaponry.
- Despite sanctions feels good, agriculture developed, which was not needed because there were supplies from Europe. Now any field in central Russia is cultivated for crops.
- There is a small amount of money in circulation.
- Lack of government debts.
- Over-sold currency due to sanctions and the desires of exporters.
- The energy crisis in Europe. No one will help except the country that holds 60 percent of all mineral reserves on earth.
- France is actively distancing itself from the U.S.
- Germany is choosing a new chancellor after 15 years of Merkel's rule, how this will affect relations with Russia is not yet clear, but Merkel has always broadcast America's terms.
- The weakening of the US, the withdrawal of troops from Afghanistan is one confirmation of the beginning of the tectonic underlying causes of the beginning of the disintegration.
Cons
- Not too smart leadership, mostly those who praise Putin well are allowed into power.
- Social elevators don't work. Cronyism flourishes.
- The banking system has been destroyed; all banks are now essentially state-owned or owned by the central bank.
- The population is not rich. (And where is the rich population now? There was one three-letter country here recently, and it's almost gone.)
- Export elites do not want strong ruble.
- Conflicts with US satellites like Poland, Baltic countries and Ukraine.
Conclusions
If we look at the TA levels we can see that the level below 72 is locally key.
If it is passed we will look south with the maximum targets in the area of the previous central bank purchases.
Against the background of the departure from risk and the salvation of funds the world's shadow structures can park them in the ruble and Scandinavian currencies. Not only shadow btw.
Trade safe and wise.
