As you can see last months correlations between Yuan-Ruble pair with gold spot prices present good levels to take long and short positions to hold them for a month. To do this look at the bottom of the chart where are prices of commodities and pairs which play role in current geopolitics related to the said arbitrage opportunities. Look for big upside swings to...
#FOREX #CNYRUB
Good Saturday night to everyone!
What's happening now? The Central Bank of the Russian Federation continues to keep the ruble exchange rate in manual control, which is why we are observing a protracted lateral movement.
But now we will not dive into the fundamental wilds of why, why and who benefits from it, but just see what our trading system...
Another bearish pair after a very nice impulse. We have turned around not too long ago. What's next? Fibonacci shows a few options. I always say this, and I will say it again, nothing I say is financial advice. Think for yourselves! Fibonacci goals in green or purple, invalidation is in red. Fractals never lie and Fibonacci series shows us a few goals out of a...
Bought on 11.3348
TP 11.4780
SL 11.2949
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.
