Russia
USDRUB to retrace in 75.50-77.20 areaI see Brent Crude lower (see related) therefore I think the USDRUB will move higher making a retracement.
How deep it will be is a guess depicted with the blue box between 75.50 and 77.20 so far.
Gazprom Elliott WaveAfter the X wave is done we should go back down to start the other part of the correction
USDRUB Updated map - RUB follows stronger oilThe structure became complicated and we see how strong oil affects this pair.
It is possible that the upward cycle has been over already when it reached my first target. See related
Now it will build corrective structure downwards.
GAZPROM go LONG (GAZP)GAZPROM
We are aheading a big impact in Oil&Gas industry, OPEP/OPEC is in Geopolitic conflict and now trying to solve.
Take a look to the increasing value of the WTI, it could be the key to understand.
The company Gazprom is now undervalued, can lend a retrospect, but it´s clear that the bullish trend is accelerating.
Make objetives with Trailing Stop or Stop loss. Look for good LONG!
See you at the top!
DSKY - short trend & level retestDSKY - good idea for long:
1. Retest of previous short trend (weekly timeframe)
2. Alltime level retest (weekly timeframe)
3. Break of current short trend (hour timeframe)
Profit / risk:
- take at 101 at 50% Fibonacci level (18.6%)
- stop at 82.9 below previous candles shadows (2.6%)
LONG: EXXON MOBIL CORP. (Petroleum, Oil, Gas)• Ref. the effects of COVID-19 and the OPEC (& Russian) trade disputes fuling the fall of Oil prices.
• The FIA halting all motorsport events until JUL 2020 (Austrian Grand Prix).
• EXXON MOBIL have a sponsorship deal with Aston Martin Red Bull Racing (Formula1 team)
~ Aston Martin Lagonda Global Holdings plc. IPO in Feb 2019
• After the effects covid start to leave the spotlight, we may see the price of petroleum rise and companies such as XOM begin to operate at higher capacities.
LONG TERM TRADE -- Optimum target: ~ March/April 2021
SBER bullish signal to watch .For now It seems that SBERBANK might be heading towards the 190-193 area to bounce up from there but as long as it doesn't close considerably below the red line , MOEX:SBER is very likely to go upwards to around the 238 IF it breaks the green line at around 206 considerably and closes above it . I think it's a key area to watch for people willing to buy .One of the early signs indicating a strong probabily that we will break above the 206 area would be a strong break of the 200 mark and a closing of the market considerably above the 200 .I would say it would be wise right now to HOLD MOEX:SBER until further notice .
USD RUB for balance russian budgetI expect continue bearish trend for russian ruble, from non official russian central bank source: for 30 JUNE usdrub will about 87, according to budget rule sold reserves, I expect a new wave of devaluation some time after the vote for savage changes to the Constitution
OGZD Gazprom - Russian CompanyGazprom is stopped by a resistance level at 5.223.
Simultaneously, price seems to recover respecting the upper trendline. Possible price stabilization to be reached around 4.867 at the end of May 2020.
If price breaks resistance level at 5.223, then expect price to reach next resistance level at 5.671 (Level that correspond to 50 % of Fibonnaci).
TATNEFT High-Risk & High-Profit trading for 70+ daysAnalyze was requested by a Russian friend, who is a senior VR developer in a government company.
Here we are speaking about TATN.
We may need to wait up to 15 days to low prices. Nevertheless, also now an excellent time to buy some. Entry price from 371 rubs. To 533 rub. Any will be good till 30 of June.
Targets:
1st 600 rubs. 12% profit at least.
2nd 665 rubs. 24% profit at least.
Hold till mid of august. The idea will be updated.
USDRUB longterm pictureLooks like the Dollarmight experience weakness against the Ruble.
However, I would like the 70.555 level (a)-blue to get breached in order to be confident in this picture....
