I was looking at this with the RSI open and was getting mixed signals. The daily timeframe (short-term) also, mixed signals but this isn't the case for the long-term.
The blue lines you see here, that's the trend.
Both the long upper wick March 2022 and the crash May-Dec. 2022 are the excess.
This chart is clearly saying that the Euro is set to continue...
The russian rouble can only go up after completing the consolidation structure! Europe will head into winter now in upcoming months, wonder what that will do to soldiers on the battlefield and general situation.
Extremely High-Risk EURRUB Initial Short. We already had a short going on this pair, it hit TP1 and then stopped out at breakeven. Looks like its going for another swing low. I'm posting this purely for speculation purposes. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset. This signal also uses Super 6x: RSI, MACD, Stoch,...
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...
despite all the penalties on the Russian economy, the rouble could resiste to this shocks and take revenge. the markets now is on an uppertrend and since 14 mai and it's will countinue to goes up despite the corrections.
Ask yourself this .... "who is most likely lying? The mainstream Western news channels or the stock market charts" ??
On one hand I hear and watch "sanctions on Russia. Companies moving out/ closing doors. Banks & financial sectors shutting down on russian and/or tied to russian compaines and individuals.
And then there's this chart. Or the usd/ruble for that...
Hi Elliotticians, RUBEUR can be unfolding a complex pattern on the weekly time frame, known as a double zig-zag down from 2008. There is a completed a-b-c move in w, followed by a completed elliott wave triangle in x, and now a possible three-wave move down for a wave y. Possible support and a rebound can be near the middle parallel channel line and at the Fib....
The Russian ruble or rouble is the official currency of the Russian Federation. The ruble is subdivided into 100 kopeks. The first Russian ruble (code: RUR) replaced the Soviet ruble (code: SUR) in September 1993 at parity or 1 SUR = 1 RUR. In 1998, preceding the financial crisis, the current ruble was redenominated with the new code "RUB" and was exchanged at...
