USDRUB trade ideas
USDRUB long - $USDRUBUSDRUB long
goal 1 : 77.800
goal 1 : 78.000
goal 1 : 78.470
goal 1 : 78.650
goal 1 : 78.870
Usdrub buy 76.95-775 min chart :Breaking above bunch of ma on 5 min chart and break happened below fibo retracement 0.28
Good location for rebounding to at least previous fibo level or little higher.
4hr chart : steep decline. Two candles with same wicks .
Daily chart decline to previous spikes, and approaches strong support level between 76.15 and 75.00
I bought here at 76.95. I was looking at this to buy before weekend at 76.85 were it broke above bunch of ma on 2 min chart, but don’t want to hold it overweekend.
I dont have stop loss on this one because if it’s start dropping in to daily support i will accumulate more.
USDRUB Potential LongUSD probably will drop further a bit before it spikes.
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Usdrub 1hr chartDrop from highs
Rebound to 50 % drop
Resistance on this level
Candles with bottom wicks
Candle at support level no bottom wick- no buyers.
Let’s see
Still bearish on the Ruble (RU). RUBUSDNot a faint sight of correction finishing, despite the weakening dollar.
USDRUB Long term analysis for Russian Rouble !Russian rubble had a strong correction
to 68.25, but after that, formed the pattern
triangle with T2 and T3 trendlines (1,2,3,4
points). You can find expected movement
with green lines. In my opinion RUB will
stabilize a bit on christmas holidays, but
after, will decline up to 84.00, if CBR will
not take strong actions. Anyway CBR cann't
change the trend direction, but just hold
motivate the market for several months.
For long term strategy, fundamental changes
must be made in fiscal policy and in the
economy itself. If pandemic wil end in
December, this fact will not help currency,
there are other fundamental reasons why RUB
is declining
USDRUB / DAILY LONG TERM SELLVisible, strong trend channel just about to hit the resistant zone of which expected to bounce towards the support zone, expected to sell long term. M formation.
The markets are running towards safetyThe beloved US dollar topples over the Russian ruble and aims to force the USDRUB exchange rate’s prices towards its resistance level. It is believed that bullish investors will continue to hold their dominance in the coming days as the US dollar gets more powerful thanks to the woes brought by the recent news about US President Trump. See, the markets are running towards safety as the leader of the world’s biggest economy catches the deadly coronavirus. Looking at it, the Russian markets started this Friday’s trading on a rough footing thanks to the news. This means that not only the Russian ruble but also the main stock market of the country was in shambles. And to make matters worse, the political tensions surrounding Russia isn’t helping the currency’s cause. In fact, it is one of the primary reasons for the ruble’s weak stance in the foreign exchange market. Unfortunately for bears, the crude market can’t help it defend itself this time around.
The markets are running towards safetyThe beloved US dollar topples over the Russian ruble and aims to force the USD/RUB exchange rate’s prices towards its resistance level. It is believed that bullish investors will continue to hold their dominance in the coming days as the US dollar gets more powerful thanks to the woes brought by the recent news about US President Trump. See, the markets are running towards safety as the leader of the world’s biggest economy catches the deadly coronavirus. Looking at it, the Russian markets started this Friday’s trading on a rough footing thanks to the news. This means that not only the Russian ruble but also the main stock market of the country was in shambles. And to make matters worse, the political tensions surrounding Russia isn’t helping the currency’s cause. In fact, it is one of the primary reasons for the ruble’s weak stance in the foreign exchange market. Unfortunately for bears, the crude market can’t help it defend itself this time around.
USDRUB UpdateIf I am correct about the count, we are at the forefront of the sweeping fifth of the third.
Under the HammerThe dollar has opened the new periode below the former little candle(it's not really a hammer). This may be seen as continuing selling.
