As you can see market forces react on investor attitude with spirits, investors make decisions based on their mood and statistics. We see gold chart is jumping from fear territory, fashioning greed in mood, while Yen-Rub is plummet from the euphoria. While other assets symbolize peril for this manner, we believe market forces move in cycles in the twinkling of an...
Haven't looked at RUB containing pairs for a while. This one is sure not pivoting, but it might be due for X Wave. Again, a temporary bull push, but not for long. I have outlined Fibonacci goals in green, invalidation is in red if shown. This is a hobby to share my ideas with you, so do not take anything I ever say for financial advice. I suggest you learn Elliot...
Positioning myself for a long on Ruble. Many months out that the Ruble might see gains but I believe it will.
Thanks for viewing ! This is not financial advice , please consider your own DD and RM.
STATUS = Confirmed
CURRENT CONFIDENCE = 60%
TARGET (EXIT) PRICE = 1.521394 JPY
BREAKOUT (ENTRY) PRICE = 1.513395 JPY
DISTANCE TO TARGET PRICE = 0.81 (121.8 pips)
EMERGED ON Jul 14, 06:00 PM (UTC)
CONFIRMED ON Jul 14, 08:32 PM (UTC)
WITH CONFIDENCE LEVEL = 68%
Tickeron AI shows that the Symmetrical Triangle Top pattern forms when the price of a pair fails to...
STATUS = Confirmed
CURRENT CONFIDENCE = 49%
TARGET (EXIT) PRICE = 0.665574 RUB
BREAKOUT (ENTRY) PRICE = 0.661649 RUB
DISTANCE TO TARGET PRICE = 0.91% (60.3 pips)
EMERGED ON Jul 13, 09:00 PM (UTC)
CONFIRMED ON Jul 13, 09:00 PM (UTC)
WITH CONFIDENCE LEVEL = 68%
Tickeron AI shows that the Head-and-Shoulders Bottom pattern is formed when the price of a pai...
Recently, the foreign exchange market has come under pressure from the dollar, which has strengthened amid falling oil prices. Japan is not an oil country. But the yen is one of not many currencies that can compete with the US dollar, but even she made a strong fall. Russia is going through very difficult times. Commodity prices fell significantly. The raw...
=> Russia remains under pressure here after suspending FX purchases through to the end of September
=> The circus from the Whitehouse will be back from recess shortly and will likely impose further sanctions against Russia, this will increase appetite for flows outside of RUB and similarly to the logic in ZARJPY we are using JPY as a beneficiary of these risk...
