USDRUB trade ideas
USDRUB 26 FEBRUARY 2022We already know that Russia has declared war on Ukraine, of course this makes Russia increasingly threatened by countries in the world, especially America. I assume the Russian currency will weaken, and the American currency will strengthen after the increase in US dollar interest rates that will probably be done in March
USD/RUB :USDRUB basically always been in an uptrend channel
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it just hit the upper trend line ,
(& I don't think it will break up this channel)
Now is heading back down to the support/ demand zone again
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Usdrub 15minTesting bottom Bolinger on 15 min
Creates 3 tails down and cluster of two candles separated by gaping
USDRUB could get over 200.If USDRUB drop is not the low (And I don't think it is) we might have seen a price move similar to that of stocks in 2020. And a USDRUB rally to the 161 - that'd be over 200.
Recording for purposes of testing PA against news driven fat tail.
usd/ruble next stepif we evaluate chart from Elliott Wave aspect we will find out that yet trend is in 3rd wave. when we can be sure about 4th wave phase that candles continue retracing to below Ki jun sen line in daily time frame. however, the next target that I can suggest to dollar is 175 ruble. 175 ruble is indicated by two Fibonacci important level - 2.618 & 1.272.
plz let me know your opinion about my analysis.
USDRUB consolidationThe last two days, the pair moving in the range of 115,000-140.00, we are now testing the lower support zone. The Russian ruble is slowly stabilizing, and this pressure could make a break below this support zone and send us to the next support zone, 100,000-105,000.
The MA20 and MA50 are now on the bearish side, while our MA 200 is in the zone of around 110,000, where we can expect the first potential support. Greater psychological support is at 100,000 levels.
If we are waiting for the bullish option, we need a new positive consolidation and at least a jump above 130,000 in order to expect the pair to continue towards the 140,000 resistance zone. After that, our target is 154,200 historically high, and if the crisis continues around what is happening in Ukraine, we can easily see the formation of a new historical maximum.
USDRUB-SELL strategy I am not promoting to trade this one, but for analysis purposes why not.
The fundamental key is an end to the horrible situation of Ukraine. This may then slowly dampen the weakness of RUB, which is expected to remain for some time.
In terms of technical picture, its way overbought and we should see move lower back to $ 100 before upward trend again. So guess for those that trade it, SELL current is likely the way to go. DO NOTE ANYTHING CAN HAPPEN nd its not advised to trade it.
USDRUB chart analysis After the Russian ruble climbed to an all-time high of 154,200 on Monday, we now have a bearish consolidation where the USDRUB pair is seeking potential support. For now, we find support at 120,000, and the pair fails to make a new break above 140,000. USDRUB has already formed twice on the lower high chart, which is a sign of the weakening dollar and the strengthening of the Russian ruble. If this trend continues, there is a chance that we will visit the psychological 100,000 level before the next stronger bullish impulse. Moving averages are on the bullish side, and based on them, and we can expect further continuation. Russia has abolished the value-added tax for gold buyers and banned the purchase of foreign currencies as a measure to strengthen its currency. The situation in Ukraine remains volatile, and any news, whether positive or negative, may affect the USDRUB.
Not covered in forex textbookThe current situation in Eurasia Russia vs Ukraine is not covered in any forex textbook. It does not look serious in theory, but in ground, a country is being erased from world map.
USDRUB for a new ATH following the crisis 🦐USDRUB on the monthly chart is testing a historical resistance at the 80 levels after the test with a spike of the 0.618 Fibonacci level.
The market after the recent news on the Ukrainian crisis is pushing higher and we can expect some break above for a new ATH.
How can we approach this scenario?
Even though is very risky to trade with high volatility if the price will break above we can move to the lower timeframes and check for a possible long entry.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Russian rubble collapsed by more than 100% Russian rubble collapsed by more than 100%
3 weeks ago price was 74 rub per $1
Price reached $174 yesterday
USDRUB-SELL++++ do not trade itNo change in view.
We are in an extreme level of RUB weakness for very well understood reasons. The future looks very bleak for the currency amid the sanctions that are getting worse everyday. Further, the ongoing situation in Ukraine, as long it continues, will provide weakness for the currency.
Technically, we are severely overbought, and sure we do not know the future, if assuming we may see a light at the end of a tunnel one day, the currency will correct back towards 100-110 and settle in that area. For now, I expect wild movements and maybe correction back to 115 and then an assault on $ 150 and up.
State reserves ? If you take a look on the Russian Ruble we really had a all Time High at 177 points like never before in history. But in one day it changed and has fallen back to 110 points about. Although Russia is the most sanctioned country in on the world right now.
The situation with the Russian currency really remembered in the situation with the Turkish Lira where president Erdoğan took action over the night. So what the Russian central bank did ?
What are your thoughts?
Russian Economy Collapse >>> Russian Ruble is in free-fallin less than one week Russia lost 270 Billion in Economic Value ... the Russian Ruble is in free-fall >>> Russian Ruble is off 60% and is currently trading less then 1 penny ( 0.0081 USD )( 20% less than 1 penny ) >>> the UN Sanctions are a total fiasco to Vladimir Putin >>> Russia must stop the WAR and negotiate sees-fire (ASAP) otherwise it will lose all of its Economic Value by the end of March 2022 >>> Putin caused Disaster to Russian Economy >>>
USDRUB-SELL+++++ Do not enter this one. I am only updating it for showing where we are at.
The market is extremely overbought, but well fundamentally anything can happen.
In terms of the RSI and state of market, the pair can swiftly correct at any time, and especially if there is unexpected news on the crisis, which for now is not the case.
The correction can be anywhere back to $ 110 . The current $ 135 look very overdone and being long can be very scary.
Again repeating DO NOT TRADE IT ... this is pure info only, and it is clear sanctions are affecting the currency pair, which is a logic.
russian ruble - Ukraine war according the ruble chart this complicated situation in Ukraine and Russia will be ended on Feb 2024 .this a monthly chart it means each candle will long for a month and there will be a lot changes in each candle. this is not an financial analyze but a time prediction for the war situation in Ukraine . future will show a lot of things.
Rubble's reaction to Russian InvasionsIn 2008, Russia invaded the sovereign nation of Georgia. This invasion and resulting sanctions resulted in a 37.1% drop in the value of the Rubble vs. the U.S. Dollar. In 2014, Russia invaded the sovereign nation of Ukraine. The resulting international sanctions resulted in a 60.55% reduction in the value of the Rubble against the U.S. Dollar. This is likely just the beginning of the pain instore for the Rubble over the latest Russian invasion of the sovereign nation of Ukraine.
USDRUB- SELL ++++ but stay away from itOne can clearly observe the effects of the sanctions and further actions being taken. this makes the attack on the currency a wild one and very unpredictable. I am only just showing the chart and am advising anyone to stay out of this one. DO NOT TRADE IT.
Technically it is overdone, but fundamentally we can go beyond things we never have imagined. OIL is a clear example going negative for example.
The range of USDRUB can be $ 100-200 and direction is UP BIG TIME, but with quick corrections in between. One could see a move back to $ 100 and go $ 180 after. who knows... for me I wish for the war to stop and let people live a peaceful life.
More than 100 rubles for 1 dollar6 year rising triangle imo started to play out a year ago. It already exited the pattern.
104 rubles is a humble anticipation.
The move will be strong, powerful.
USDRUBUSDRUB GOING TO 160 minimum and higher soon, russians will not turn against their government and because of that the roebel will go minimum 160 or higher in the next phase
USDRUB worst case scenarioif you haven`t read my first article when i expected the 86 level to be reached after the Russian ruble was no longer aligned to Crude Oil price:
or the 95 target after the Ukraine invasion:
this time i expect, considering all the sanctions and the fact that exchanges are selling USD in Russia for a price at least 30% higher than the forex market; i even saw a picture where 1 usd was selling for 250 RUB, then my prediction in 150 this time, or the dollar to be 2X stronger than it was at the beginning of this was.
Looking forward to read your opinion about it.
is it true that the US Dollar is already trading so high at the exchanges?
Is Bitcoin a safe haven in these times of uncertainty?
