USDRUB trade ideas
"Dollar, dollar a dirty piece of paper"I am doing this long term analysis to compare USD/EUR/CHF/JPY/CNY to RUB
Potentially dollar is an underdog in recent rally as majority of listed currencies have already bidden March highs.
Meanwhile, USDRUB 3M high is 81.6 and recent rise to 80.6 is still not enough.
So dollar looks like a good investment opportunity to hedge RUB inflation risk
The momentum is almost lost for dollar so it is a risky play
USDRUB - potential cup and handle?The increase in lockdowns in the world will affect oil prices, and then the ruble.
The future of the RubleIf we consider the mark of 80.6 rubles per dollar as a peak, then I think that there will be a correction to the level of 73-74 closer to the new year after the passions around the US elections calm down. The forecasted unrest in the US will also be a negative factor.
USD/RUB: there will be growth soon.../section fast transactions/Hi everyone! In the nearest future I expect continuation of height of pair of USD/RUB. Crossing of the line of a trend and zone of interest of buyers will be the good place for purchase.
So: purchase on 77.30
TP 81.89
SL 76.38
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.
USDRUB UpdateIf I am right about interpretation of what has happened before with all these diagonals and triangles, we are about to witness a surge in USDRUB rate to 88ish level. Expanding diagonal is not something you bet on in normal circumstances, but with US election at hand with hawkish Biden as poll's favourite - the surge is not unlikely.
A potential win for Biden and the South African randThe pair will continue to move higher in the following days towards the $86.000 resistance level. While the recent report suggesting a potential win for Biden benefits the South African rand, it doesn’t do well for the Russian ruble. Moreover, the recent reports from Russia show a lagging economy amidst the COVID-19 pandemic. While most countries who published their Markit Manufacturing PMI reports turned out positive, Russia’s report was still below the 50 points benchmark. Monday’s result showed a decrease to 46.9 points from 48.9 points in September. One reason for the sluggish growth of Russia compared to other developing economies was the sanctions imposed by the United States for Russia’s annexation of Crimea. The west could further isolate the country after its refusal to its fossil fuel consumption. Despite the overall sentiment in the Russian economy, investors should be cautious until the election results are published.
USD/RUB: The uptrend will continue.Three times consolidations have brought profit on the sale of the ruble for the dollar. Now the intervention of the Central Bank of Russia and state-owned companies will temporarily suspend the process of weakening the ruble. But this process will continue anyway, as investors are withdrawing money from Russia's bonds (the RGBI index goes down), the oil price goes down, and stock indices go down. The global trend of the US dollar strengthening is also possible.
USD/RUB long: section fast transactionsBuy on 79.327
TP 81.890
SL 78.790
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.
USD/RUB waiting for US election.I see Cup & Handle. US election can boost the USD/RUB pair up to 92-107 rub per dollar.
USD/RUB longHi everyone! Couple of USD/RUB are in an upward trend long ago. Now there is the 3rd wave of an impulse. Purchase from the current values. Growth purposes: TP1 - 89.68, TP2 - 102.86. SL (cancellation) at the price lower than 74.50 as the kickback to the strong level of support 74.80-74.90 is possible.
The idea has information character.
USDRUB waiting for longHi, everyone! Today we’ll take a look at USDRUB!
As you can see from the graph after the rising trend, we have a falling wedge on the flag pattern, which signals a continuation of the trend. I’m expecting a wedge break and further growth. This is my personal opinion, not a call to action!
Thank you for your attention! If you like my analysis, put likes and follow me. May the profit be with you!
USD/RUB mid term correctionUS Dollar has reached near all time highs vs Ruble, and it is now chilling out, retracing to 0.5 or even 0.6 fib level. MACD and AO are bearish on a daily.
Ruble turning. USDRUB? 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.
Usdrub buy 76.14On daily in the support zone.
On 4 hr below bottom bolinger band and two lows same and one lower.
Double support on this level.
Let’s see if it holds for rebound up to sell resistance around 35ema on 4 hr chart 76.80-77.20
Usdrub buy 76.14On daily in the support zone.
On 15 min failed to break above declining ma and return to bottom bolinger.
Same lows three times loks like support zone.
Buy for rebound up.
