RSI alert (worked pretty well in the past) Volatility alert DOuble deviation from range I smell long-term mean reversal for Ruble Will see
The Russian Rouble should go higher from here - long term hold.
Companion to the other idea linked, this is the daily, that one is the weekly and has information about the post.
Horizontal line is the current price which the state of russia has declared that they will purchase essentially infinite gold using roubles. This chart should suffice to prove over time where the price of gold is in relation and whether that deal is ongoing or has ceased. I think this is not a true peg, or a gold backing as some have declared, but actually a...
In what is widely seen as an attempt to circumvent Western sanctions and prop up the Russian ruble, Russian President Vladimir Putin recently required “unfriendly” buyers of the country’s natural gas to pay in rubles, a move that could have far-reaching implications on global oil and energy supply. "I have decided to implement a set of measures to transfer...
Before the war Russian reserves amounted to 630 billion USD, a conservative estimate puts them to this date @ around 500 billion USD. Every day that the war lingers on, costs russias coffers 15 to 20 billion USD. This is not considering the additional sanctions and exclusion from the banking system slapped on Russia this weekend. Following the debacle of the...
On the left is the russian rouble against the USD, to the left the same rouble to the Ukranian Hrivna. In the caseof the USD it was to be expected but the russian currency is also collapsing to the Ukranian Hrivna. Where do you think the smart money is placing its bets?
Russian equities look really good at the end of 2020 & 2021-2025! We take into account declining dxy and rising em currencies, sector rotation and increasing demand for commodities in china, with a favorable pace of capex L-shaped recovery in the energy sector... we also expect reduction of political risks in Russia more, than in other em... the recovery of the...
FIBO & FORK FORECAST FOR USDRUB BEARISH ROUBLE SCENARIO CHART TARGETS: 85 / 100
Rouble is in parabolic fall channel. There will be 200 Roubles per USD in 5 years, if Russia and Rouble will exist in 5 year.
Close your profit ! US dollar - Russian rouble currency pier just crossed our target - 65.581.
It could be one more up to complete 5 of C of (B) and then down to finish the whole large corrective structure. The drop could be limited by double support.
The rouble has seen weakness since the recent Syria debacle, and this weakness looks to continue longterm as shown below. But as for now, here is a shorter term outlook with a great risk/reward ratio trade. Below is a rough longterm forecast/scenario:
Many people expect Russian rouble to rise as per fundamentals. I tried to assess the perspectives of this pair as per wave patterns. What is definite for me is that the decline is almost over before a major correction or a complete reversal starts. This is why any short trades are limited. I would advise trading only long trades as per your strategy.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 58 SHARE INDICES worldwide (2016 Yearly Performance) @ drive.google.com Best regards Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 39 Currencies (12th Month Statistics) @ drive.google.com Best regards Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 1482 Cross-Rates (12th Month Statistics) @ drive.google.com Best regards Aaron