USDRUB Long entry (Long live Ukraine)Firstly, my sincere best wishes go out to all of the Ukrainian residents, their families and loved ones staying behind to protect their land, my thoughts are with you.
Putin lost his mind back in 2014, now he's gone on another bender with this terrible act.
I was wanting to take a look at the Russian stocks market website, but it seems to have been shut down, by "Anonymous" maybe? LOL. Shame I was wanting to see which Russian stocks to short. Does anyone have any Russian stocks to share they feel will tank?
The Russian economy has already lost $150 billion, and counting so far. Ruble had lost 33% of its value and there's still room for it to lose even more as the West impose Sanctions on Russia ability to transfer funds around the world. It's not completely cut off. The Russian Federation still has the ability to use crypto to move funds around. And of course, I bet China will also help Russian Federation with that too.
Should the western world get a sniff of China helping Russia move funds then another **** storm won't be far away.
So, I've gone long here target is 90.00, I'd expect this to reach the High of the pin within two weeks. If successful I'm looking for a return of around $34,000.00
Russianruble
Bullish during the War
Weekly Timeframe
Awesome Oscillator is still having its Bearish Retracement. We are looking for green volume next week to see more upside candles. Ichimoku-Cloud is still holding on, we are still inside the cloud which is fairly bullish. EMA Ribbon is still bullish it hasn't changed really from being bullish since 2011. We are currently experiencing two spring up. if we close with green candle we can expect more to the upside.
1D Timeframe
This is Double Bottom that has huge potential to the upside. We already broke the cloud and the next rejection area is $42,221. We just need to hold on to this line of support and wait for the push up after consolidation; and if we don't, then we can see a movement to the downside. Our retracement in daily time-frame has shown green volume already in AO, it means this is the beginning of more volume and candle to the upside. The bottom are reached in the Retracement. RSI is also about to cross its Moving Average which means we are crossing a bullish zone for RSI.
4H Timeframe
200 Moving Average in 4h timeframe becomes weak and easy to break. We have broken the resistance in the second retest, so we can expect more to the upside. We need to break $39,904 and hold it as our support area then break $40,646 to continue the bull run. AO is already bullish and no sign of retracement yet.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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USDRUB can top around 93.500 but is due for a sharp correction.This is the much talked about (due to the pending sanctions against Russia) USDRUB pair on the 1W time-frame.
As you see, it follows a very structured pattern within a multi-year bullish Channel. The price tops every time above the 2.0 Fibonacci extension and one Fibonacci extension higher in the Channel than the previous Higher High. The sequence indicates that the next Higher High should be around 93.500. It is still a solid buy on the short-term but if the Cycle continues to repeat this pattern, then is due for a correction on the long-term back to Fib 1.0. Trade according to your horizon and risk tolerance.
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USDRUB Russian ruble is no longer aligned to Crude Oil priceI don`t want to be prophetic, but does George Soros ( 91 years), The Greatest Speculator of all time, want to be remembered as The Man Broke the Bank of Russia too?
Developments in Kazakhstan and NATO supporting Ukraine to defend against an invasion from Russia are bad signs for the ruble.
US, UK and other officials started the evacuation of their embassy employees Kyiv.
The US, UK and other NATO members warned Russia about the heavy sanctions bombardment in case the tension with Ukraine escalates.
Bank of Russia wants Full Ban on Crypto, calling Bitcoin a Ponzi scheme. Russia's central bank consider trading, mining and crypto usage illegal. the Russian Ministry of Finance also announced a halt of foreign currency purchases, to withhold the further downslide of the ruble.
I see an imminent breakout of usd to all time high if the tensions escalates.
Looking forward to read your opinion about it.
$USDRUB - Could drop to 70.5Hi guys! 👋🏻
🔔 Globally, oil prices soar, as lockdown restrictions ease and airlines resume operations. Crude is traded near $80 and Brent already surpassed the $83 per barrel mark. Russia is World’s third largest oil supplier.
🔔 Through the year, the Russian Ministry of finance continued its streak of foreign currency and gold purchases. These factors support the strengthening of ruble at least until the end of the year, while the growing foreign currency portfolio will act as a great instrument for Russia to keep the USD/RUB rate within the range of their interest.
🔔 From the technical point of view, USD/RUB also looks bearish for now. There is a descending channel on a daily USD/RUB chart. The 70.5 support area is an important level to watch, as it will be decisive for the next move of USD/RUB. Based on the rules of the falling wedge pattern, the price must complete the 5 wave move and reverse, as it’s a trend reversal pattern.
🔔 However, if the price drops below 70.5 which might happen due to several reasons, interest hike risk, weakening the US Dollar, soaring oil and gas prices. Russia sealing gas export deals with other EU countries, then USD/RUB might proceed down to 68 and 67 as seen on a weekly chart below.
🔔 The pressure on the US Dollar index is high as well, the most anticipated NFP data release today. These data will draw a further course of the US Dollar index, which has already tested a severe resistance zone at 94.3.
✊🏻 Good luck with your trades! ✊🏻
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Wave of pessimismFollow this link, where I explained my vision of USD/RUB EUR/USD EUR/RUB. Now a little more about EUR/RUB.
We have almost reached the level of the 4th wave, according to the theory, at this level, there is the greatest probability of a rebound. The word "almost" spoils everything(we have almost reached this level earlier). Because of the "almost", I now have less confidence that the 3rd wave is starting now. But, in my opinion, it is safer to wait out a small correction.
Wave of pessimismThose who follow my ideas know that I have been waiting for the growth of the euro for a long time. I was more pessimistic about the dollar. Now, it seems to me, the rebound will continue. I do not know whether it will be big or small(the graph shows two main options). Due to the EUR / USD exchange rate, I assume that a 5-wave structure will begin on the EUR/RUB chart, or the correction will continue a little, and then growth will begin, and we will not move beyond the highest point of the USD/RUB chart.
Russian Ruble - Higher Inflation data to trigger RUBLE Buying Fundamentals
Today's Russian inflation data could increase market bets of an interest rate hike by the Russian central bank in August.
Against low-interest-rate yielding currencies like the U.S Dollar and Euro, we could see a stronger Ruble as long as the risk of U.S sanctions on Russia does not persist.
Key Points:
Russia’s inflation currently stands at 5.50%.
This overshoots the central bank's inflation target of 4.00%
Markets betting on a rate hike by the Russian Central Bank August from 5.00% to 6.00%
Russian 10 Year Bond Yield sits at 7.20%.
Higher Inflation data could push up bond yields are cause the currency to strengthen.
What To Watch
Russian Employment Data & Unemployment Rate
Oil Prices
Inflation Rate
Trade Idea’s
Higher Inflation - Buy RUB
Technicals
RUB at major support levels against EUR @ 88.00
RUB at major support levels against USD @ 72.00
ATR Volatility
USD/RUB 5.64%
EUR/RUB 5.17%
Crude Oil - Buy Analysis Oil continues its bullish advance as Oil demand comes roaring back as governments across the world vaccinate their domestic populations and set up a global demand increase for Oil as OPEC keeps supply limited.
Investments banks such as Goldman Sach's have an extremely bullish view on the commodity, calling for Oil to enter a super cycle.
In this video I look at Macroeconomic data that predicts Oil prices and we also look at Volatility to know where the buying opportunities are if Oil continues its bullish trend.
TMOS Tinkoff iMOEX ETF - Feb, 03, 2021Currently TMOS Tinkoff iMOEX ETF seems in a Cypher pattern continuation.
We hold the upward line for a while, and looking for 1-hour SMA 200 as a resistance.
$USDRUB - Perfect bearish batHi guys!
Dollar Russian Ruble is about to form a perfect bearish bat pattern.
In my opinion the uptrend is pretty much to be expected as there is a strong support at 74.638.
Long then short could be a good takeout here.
Cheers!
Trade with caution. Not an investment advice.
EUR RUB SELL (EURO - RUSSIAN RUBLE)Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
USDRUB, The best pattern for Buy!The price accumulates its power above the Key Level 72.661.
It will be a good pattern if we will see a false breakout of the level and the daily candle will close above.
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