Get started

Exoticcurrency

USDRUB upd. Sep. 30, 2021 - (conspiracy view)Pros - One of the best armies on this globe. Almost completely reorganized in the last 10 years with the latest weaponry. - Despite sanctions feels good, agriculture developed, which was not needed because there were supplies from Europe. Now any field in central Russia is cultivated for crops. - There is a small amount of money in circulation. - Lack of government debts. - Over-sold currency due to sanctions and the desires of exporters. - The energy crisis in Europe. No one will help except the country that holds 60 percent of all mineral reserves on earth. - France is actively distancing itself from the U.S. - Germany is choosing a new chancellor after 15 years of Merkel's rule, how this will affect relations with Russia is not yet clear, but Merkel has always broadcast America's terms. - The weakening of the US, the withdrawal of troops from Afghanistan is one confirmation of the beginning of the tectonic underlying causes of the beginning of the disintegration. Cons - Not too smart leadership, mostly those who praise Putin well are allowed into power. - Social elevators don't work. Cronyism flourishes. - The banking system has been destroyed; all banks are now essentially state-owned or owned by the central bank. - The population is not rich. (And where is the rich population now? There was one three-letter country here recently, and it's almost gone.) - Export elites do not want strong ruble. - Conflicts with US satellites like Poland, Baltic countries and Ukraine. Conclusions If we look at the TA levels we can see that the level below 72 is locally key. If it is passed we will look south with the maximum targets in the area of the previous central bank purchases. Against the background of the departure from risk and the salvation of funds the world's shadow structures can park them in the ruble and Scandinavian currencies. Not only shadow btw. Trade safe and wise.
by AlpacaBlack
USDSEKWeekly/Daily/H4/H2/H1: Price is in a downtrend direction and currently approaching a support level which is also a key zone. 30m: In the lower time starting from 30m to 5m I can see price is holding 9.4300 level in a consolidation form and it is forming a triangle wedge in the next few days." Scenario A: Price could continue to drop until 9.31000 Scenario B: Price might hold the current level 9.43000 in a consolidation form and decide either direction Scenario C: It could target 9.55600 level and then retrace back to 9.43000 which if it holds again it could rally upward with a possible stop @ 9.67500 and second target @ 9.83100/9.88300. However, if it breaks to the downside, then I think scenario A is the best option.
Short
by UnknownUnicorn6297596
1