Buy on 92.922
TP 95.27
SL 91.73
Information provided is only educational and should not be used to take action in the market.
This section is intended for short-term speculation. Be ready to leave a position at any time.
The pair is expected to break out from its January 2016 resistance line, which will send the pair higher towards the 100.000 price level. The Russian economy showed uneven growth in its recent reports. Retail sales decline by 3.0% in September with service production plummeting by 12.0%. The number of new car sales, on the other hand, went in the opposite...
Hi, everybody! Pair of EUR/RUB are bought temporarily up, I wait for growth of the price to level at least 91.099.
So: purchase from the current level
TP = 91.099
SL = 89.970
The pair will fail to break out from its January 2016 resistance line, sending the pair lower towards an uptrend support line. Germany is expected to post a 6.4% unemployment rate for the fourth consecutive month today, September 30. In addition to this, analysts are expecting a negative change in unemployment for the current month at -8K. This suggests that the...
EUR-RUB IS RETESTING STRONG RESISTANCE BEING HELD UP BY DIAGONAL SUPPORT
IF BREAKOUT IS CONFIRMED>>>
LONG ON PULLBACK
NEXT HISTORIC RESISTANCE ON THE CHART= FINAL TARGET
LIKE AND SUBSCRIBE!
The Russian ruble remains vulnerable against the euro and prices of the exchange rate are projected to climb towards their resistance level very soon. The political tensions in Belarus are the main fundamental that’s affecting the confidence of the Russian ruble and its investors. Just recently, it was reported that two opposition members were jailed. Olga...
The market hasn moved up near the zone of the previous high created in march 2020.
Currently the price hit the resistance and is looking for a correction.
If the price will break and close below the 4h structure, at the retest of it we can set a nice short order according with our strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis,...
But bearish investors are looking for ways to recharge the commodity-linked currency in the trading sessions. The euro to Russian ruble exchange rate is forecasted to go down to its support level as bears hope for support from Russia. Just recently, it was reported that the Russian government is seeking to add around 1.9 billion US dollars in taxes from oil and...
The euro is starting to gradually gain momentum against the Russian ruble despite the conditions in the oil market. However, looking at it, it appears that the bearish traders are on the defensive and are most likely to remain there because of the rising number of new coronavirus infections across the globe. This is because the Russian ruble is a commodity-linked...
Discussions about possible interest rate cuts to Post-Soviet record low rates have surfaced, this places the disadvantage towards the Russian ruble in the foreign exchange market. The euro to Russian ruble trading pair is now widely projected to climb to its resistance level despite the support that bears should have gotten from the commodity market. Looking at...
The pair will continue to move higher in the following days after a strong bounce back from a key support line. Brussels is considering opening the European Union’s external borders on July 01. The move is expected to propel the economy of the largest trading bloc after the slow down brought by the “Great Lockdown”. Aside from this, the EU Commission already...
The pair is trading in the triangle which is also a bullish flag. With the oil that low and the ruble being an oil currency, one might expect a bullish breakout.
There is a small local long inside the triangle, but I would actually hold it, waiting for the bullish breakout and add to the position then as the positive balance of the first one will give me a good...
The euro slumps following the recent news about a court ruling that challenges the participation of Germany, one of the biggest economies in the eurozone, in the unified stimulus program for the block. Actually, looking at the fundamentals, it appears that the odds are in favor of bearish investors as oil prices bounce back and investors continue to worry about...
because of breaking the support line, and double top reaching , and the Higher High wasn't higher than the previous high, and also the MACD and RSI movement , my idea is a Downtrend movement.
please dont use this technical Analyze for short positions, its long, and dont forget to take a Stop loss for 1% of wrong movement.
