Russian ruble's tests at around 80 seems to support the idea of further supply at and above this level. A further move towards 90 and above can be expected though the trend may turn afterwards. Russia is an important commodity exports based country and oil is an important component of country's revenues. However, oil market outlook is not bullish and not...
RUSSIAN RUBLE / POLISH ZLOTY Buy in the area of 0.0498 - 0.0486 Goal 1 - 0.0508 Goal 2 - 0.0520 Goal 3 - 0.0538 Stop, fixing below 0.0484 ✅ f you like what I do, put 👍 and subscribe Waiting for your comment, what do you think about this?
Targets: 72.7 74.9 78.7 Stop: 68.45
USDRUB TARGETS BY FIBO TREND: 78 - 73 - 86 - 94 (SUMMER 2021)
? Here seeing a nice flat forming correction wise. Expecting C to A=C, reflecting the FibGoals. Either I am shorting USD or buying more Rubles. Yes. None of this is financial advice, do your own damn research.
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As I drew on the graph, there is some probability that we could see growth to 85-90 rubles for 1 dollar in the nearest future. Also I suppose we could see flat instead if growth. I don't see any positives in RU economics. Exchange rate could become better only if US dollar become weaker, which I doubt in. How do you think?
The price bounced off the Mirror Level and continued its up move. The Support line wasn't broked, the trend is bullish - that's mean we should predict only buy trades here. The potential profit will be 3 times bigger than the risk. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions...
Not a faint sight of correction finishing, despite the weakening dollar.
RUBBLE SELL OFF. DOLLAR SHOWING STRENGTH
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!
X Ruble trading in an upward channel X Support confluence X Wait till it gets lower>>> X Swing long X SL below support X Remember: negative swap!!
On a global scale, after a pulse of 140%, a symmetrical triangle began to form for 6 years. Which on a very symbolic date was broken up. Below I will describe and in the screenshots I will show what's what. On the chart, I showed areas of potential price halt. The stop or continuation of the upward movement will depend on the reaction of the price to these...