This is at a support level which has previously seen this reach the top of a range between 92.500 and 94.000. Before entering any longs we need to see MACD rise above 0 which would suggest this is returning to a bullish trend. Also EMA's cross for long will help confirm this further. If these indicators are confirmed then target is 92.509 with SL just below the...
Looking for a possible push to the upside for EUR/RUB after price broke structure to create an higher high, came back for a retest and currently finding support at the most recent swing high on H4 time frame. Additional confluence include, 70.5 fib level, Major QP and pin bar candle stick formation. I'll go down to a lower time frame to look for a break of...
The Russian ruble in the context of a global pandemic made a strong fall in relation to the first world currencies, the dollar and the euro. The low oil price and the unstable situation with the Russian economy made it impossible to stay at a stronger level. The central bank was forced to let the ruble float freely. And this led to its collapse. Stimulus programs...
EURRUB is going down , RUB will be in the stronger situation
The pair will continue to move higher in the following days towards the 100.000 price area. Despite the stagnant growth in the European Union, investors of the EUR/RUB pair will go long amid the worries that Joe Biden’s presidency will be disastrous for the Russian economy. During the 2016 US Presidential Elections, Russia was accused of meddling which eventually...
Hi, everybody! I expect continuation of height of pair of EUR/RUB in the nearest future. The good place for purchase is crossing of the line of a trend and zone of interest of buyers. So: purchase on 90.55 TP 95.27 SL 89.98 Information provided is only educational and should not be used to take action in the market.
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...
Doji candle on a monthly shows that buying pressure for EUR has been decreased recently, possibly EUR will start correcting soon in a long term trend.
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
Short term targets for EURRUB to continue bull run. The near-term target is upper line of the channel. The target price is 99. Red lines on the chart are critical supports that can be used to increase/decrease position according to macro economic situation and your own opinion.