The sanctions have not undermined the Russian currency as one would have expected. I wonder if the rule induced default will have any effect on May 25. The ruble has pushed back into 2014 territory...and looks capable of hitting 48 to the dollar. ouch.
EURO USD is looking pretty good on the MACRO. A break of the channel was attempted but failed. I believe a retest of the rising trend-line within the channel is possible without a break below but if it breaks below we may retes the bottom of the channel support before moving up and breaking out of the channel. I dont think that is what will happen because the...
The weakness of the euro vis à vis the ruble has come to an end with a clear break out of the falling trend, right now printing a bullflag. On the political front, Russia is losing its war, and has no possibility of being victorious. It now has to face massive inflation while the central banks cut rates. Russia doesn't have access to its gold and FX reserves. The...
dollar VS ruble best posation for buy economy of Russia will be in pressure more.
Is the dollar ever going to recover from this massive crash?! The dollar is going to weaken even more in relation to the ruble in the coming weeks. Gold currency always wins over a fake currency! This isn't a deep analysis but just sharing the the chart view - It looks insane :D
Looking to bet on Ruble weakness this coming week based on technicals. The pair looks oversold and we seem to be double bottoming on the daily. Buy stop at 64.50 with stop at 60.79 will mean I only get taken in the trade if I am right. targeting the blue zone. R would be 2.73
First of all: We Hate war. All people should and could live in Peace! May Peace happens fast. (Now if possible) To the math: Russian Ruble attached to Gold standard + Putin's 'Ruble for gas or no gas at all' rules = an EPIC recovery To the chart: Price of USDRUB on support and i personally expect this to reverse back up, in other words i see the Ruble...
Checkout the V sharped recovery of RUB/USD. This chart marks the day (and dump of Ruble against Dollar) of Russian Special Operations in Ukraine to present. Are the collective wests sanctions devastating the Ruble?
Russia’s efforts to prop up the ruble appears to be working despite sanctions imposed by Western countries aimed at cutting the Kremlin’s access to external resources and crippling the nation’s ability to fund its war against Ukraine. Last week, the ruble surged to a more than two-year high against the euro and the US dollar, recouping its losses during the...
RUBUSD projection is very bullish! Expecting over 50% gains. FX_IDC:RUBUSD FX_IDC:USDRUB
Bien vouloir surveiller le rouble a la hausse car pose sur un très bon support a la cassure de la présente résistance le RUBLE a des fortes chances de s'envoler...
RUB/USD Ruble Surpases Pre-Invastion Standing Against USD The chart breaks down a timeline of major events on daily chart. Feel free to comment with events that could be added.
Hey traders, in today's trading session we are monitoring USOIL for a buying opportunity around 102 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
ENG The Ruble faces strong resistance at the 0.0121 level and the question remains; Has it already flipped the previous level for support? In my opinion this has not yet happened and the entry remains in the same position as in the previous post. Personally I did not expect such a strong rally after the trend changed. I expected a much more aggressive...
Weekly Time-frame We are currently sitting in the breakout area of the double bottom. If we don't hold this area we can expect more to the downside. If we hold this area we can expect a massive pump again but this has little to no probability at all. Bearish has more bearing to happen than the bullish scenario as we can see the SPX Russel 2000 stocks are...
Since 1997 the Ruble has been in free fall (see chart on left, 3 month line chart showing drop since 1997 through today). Anyone talking about the pre-war recovery needs to zoom out and look at the bigger picture. Two days ago, inflation was at 9%, it has nearly doubled in that time, skyrocketing to 16.7% (chart on right, shows inflation since near the start...
Monthly Time-frame We have closed a green candle on March. Rejection area or the supply zone is at $47,100. Good to open short position at the moment. a test to the demand zone is also possible for stronger pump to the upside. Demand zone is waiting at $37,700. This is possible if the stock market starts crashing. Weekly Time-frame We still have 1D and...
RUB consolidation under the channel for year or more