Hi traders:
With the tension between Russia and Ukraine, we can expect the market to be volatile and moving during an uncertainly time.
As we know, USD is a safe haven currency, and here on USDRUB, we can see clear bullish price action on the bigger time frames.
With many bullish impulse phases follow by bullish continuations, price is getting push up to all...
I publish an analysis of fundamental forecasts for the ratio of the dollar to the ruble, based on ongoing events in Ukraine and world.
Russian warship **** youself
Hello traders .. I hope you are all well and safe. I believe that we all know what is happening on the geopolitical scene and how the market reacts in such situations. However, this is a USD/RUB chart. I don’t usually trade RUB and this is just my view which might be a good chance to make a profit. From a technical point of view, we have a target of ABCD 1.0 that...
This is the much talked about (due to the pending sanctions against Russia) USDRUB pair on the 1W time-frame.
As you see, it follows a very structured pattern within a multi-year bullish Channel. The price tops every time above the 2.0 Fibonacci extension and one Fibonacci extension higher in the Channel than the previous Higher High. The sequence indicates that...
USDRUB 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...
Apparently ruble will strenghten. Today I was asked if I recommend converting ruble savings to euro. It signals that the local top is in place and until mid or end March there will be the silence before the storm.
From longterm bear season for Rub, it shows signs of reversal to finish channel pattern.
1. A lot of supportive wicks on Gann's fan
2. Final channel 1.618 is reached
3. Weakening bears volume
In this zone I start a short, I expect a weaker USD this week.
From my point of view, we just take the between high out and gather liquidity.
Add to that an oversold RSI with a very likely divergence and a WR 4h sell signal coming up soon.
USDRUB is about ot go up bouncing of EMA 200. Rubble become temporary more expensive because of Oil prices going up. But in a long-term USDRUB is looking upward
USDRUB short idea break support USDRUB short idea break support USDRUB short idea break support USDRUB short idea break support USDRUB short idea break support
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...
