USDRUB - Potential GartleyUSDRUB failed to make higher high in December which shows weakness for the pair. It also coincided with Bat Harmonic pattern which produced a sizable drop.
Currently as price progressing down we can identify a development of a potential Gartley harmonic pattern with PRZ at around $64. On Friday Feb 22 price closed below daily 200SMA which suggests lower prices are coming and increasing the chance that Gartley will be printed.
When we reach PRZ we should watch closely Price Action (PA) to see if PRZ provides significant support which will confirm Gartley pattern . There is a chance that PA will slice through Gartley's PRZ. In this case Gartley may turn into Crab pattern . I will update this idea as it progresses.
USDRUB
Russia US relationsRussia and the US are butting heads again. Senate Foreign Relations Committee and both Republicans and Democrats are pushing for much stricter sanctions. A new bill called the “Defending American security from Kremlin Aggression Act (DASKA)” of 2019 will impose new sanctions on Russia. The new legislation will target Russian banks and individuals as well as Russia’s oil and gas sector. This includes anyone who is providing services, financing, goods or any support to the development of oil in Russia. This is bone chilling for Russia.
USDRUB
The currency pair USDRUB is in a perfect channel. Between 64.75(65.00) and 70.00. Price did not drop below the 38.2% Fibonacci level and has stayed above the 200-EMA. Price has crossed over the 21-EMA and with this we received all the signals that we need to enter a long. If price continues to stay above the 67.00 mark, we recommend opening long positions with a target at the resistance line seen in bright pink on the graph, around 69.25.
USDRUB fundamentals and bond spread.Russian GDP annual growth rate is expected to come out February 1 with an increase of 0,70% from 1,50% to 2,20% while GDP in April is expected to fall into a 2,10% growth rate, Agricultural GDP is almost at 2017 levels, and will likely contribute to a stronger ruble. Manufacturing and construction GDP is also inching for a strong growth rate this year. Exports is at 2013 levels and have increased from January 2018 to November 2018 with 20,44%. Increases in export are expected to hold its momentum and increase throughout 2019, giving Russia a positive trade surplus. Higher oil prices is also contributing to the GDP growth. Consumer confidence is at -17.. While consumer spending is almost at its highest. Disposable income is at 0,10% and is expected to rise by 0,40% this year. Retail sales advanced 2,60% in 2018 compared with 1,30% increase in 2017. Retail sales is expected to rise modestly in 2019. Wages and living wages have increased in 2018. Unemployment rate is at historically lows since mid 2018.
Overall, i see Ruble to gain this year against the Dollar. Holding shorts, and will increase position when/if break of 64,400, 62,750, and 61,000 if we reach that far :) i will be looking at hedge opportunities.
Keep in mind that Russia is still a risky trade, with sanctions imposed from U.S. and Europe. So, the whole think could turn against me. But from the fundamental perspective, i see a bullish ruble.
TradingView does not provide data from RU10YT. But if you can find the data, then compare it with US10YT and you would see a that spreads are narrowing between those. This could indicate more demand for the Russian 10-year bond as the yield is decreasing.
USDRUB - LONG - Trading Opportunity#USDRUB - Good confluence of MA 7 and 25, after a retest of support we could see another leg up towards the next resistance.
Entry: 66.48
TP 1: 67.616
SL: 66.44
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USDRUB Bull Market ScenarioThis scenario is in play if we break 71 USD:
We are most likely in an impulsive wave 5 starting February 2018. Looking at its internal waves, expect the inner wave 5 to extend to about 80 USD, because wave the internal waves 1 and 3 are almost equal. Other reversal zones to look out for are 75 and 85 USD.
In this scenario, the price action from 2015 to 2017 inclusive (wave 4) is interpreted as a running flat.
In case we don't break 71 USD, have a look at the bear market scenario (in related ideas below).
Any information represented here is my opinion only and not intended to be used for financial gain. None of the information posted here is to be considered financial advice. Information posted here is strictly for entertainment purposes only. Please consult your financial professional before making any kind of investment. Investments can be very risky and any investor should educate themselves before investing by enlisting the help of a licensed financial professional. Past results are not indicative of future results in any construable way.
USDRUB - Bullish OpportunityUSDRUB. We have a symetrical triangle pattern above the 4H 200 EMA.
If it holds, then we'll see the current resistance break and a move up higher happen.
You'll have to put your SL below the 4H 200 EMA with just a little space to it in case of spread volatility since its an exotic pair.
Happy trading.
Is the theory of Turkish lira for the Russian ruble happening ?Is the theory of Turkish lira for the Russian ruble happening ?
The question is relatively difficult
------------------------------------------------------------
This is my article about the Russian ruble today
Can the theory of Turkish lira be for the Russian ruble happening ?
This question is according to many questions of people
I'm reviewing this topic
-----------------------------------------------------------
According to price surveys-moving place-behavior-dynamic-
Harmonic Algorithms -Motion waves
Computable mathematical calculations
Geometric analyzes for price recognition
In the age of
the past
now
And the future
Provides data that It may be the future of the theory of theory
Turkish lira occur for the Russian ruble in happening but have some percent
--------------------------------------------------------------
the percent of happening it is %60 from 100%
and the percent of not happening and price going down or moving in Fixed price average is %40 from %100
---------------------------------------------------------------
I have geometric analytic logic here
And theory
I checked that the Russian ruble's pricing behavior was heavily stressed these days
And mysterious Sinus and cosine modes
-------------------------------------------------------------
Compress the price by the bank and keep the price down
As a passive spring by Russian banks
----------------------------------------------------------------
The results obtained:
Compress the price by the bank and keep the price down
Like a spring
Which is compressed
Shrinkage stress
Opening is in price
the control of this spring compressing price in the number of 67.00 and 66.00
very sinus and cosine moving
--------------------------------------------------------------------
There are several factors that can improve for the Russian ruble against the dollar
Rate of interest
Net and gross domestic product
Per capital rate
Export and import rates
Amount of debt or financial balance
Are the factors that can
In the price response, go down or upside down or go up or upside up
--------------------------------------------------------------------
However, this is a theory
And I do not guarantee 100% guarantee
--------------------------------------------------------------------
--------------------------------------------------------------------
--------------------------------------------------------------------
For advice on buying or choosing to buy
Proceed to invest
Receive daily signals
Get secret daytime signals
On any subject in the global and domestic and digital markets and stocks
In the foreign exchange markets
precious metals Market
Commodity Market
Energy Market
Crypto market
And in all areas of investment
Get Some Advise investing
Online Trading Education
Periodic training
You can contact me
Training costs
How to get buy or sell signals
Hidden signals
Advice
Investment
All costs are agreed upon
And depending on your request
--------------------------------------------------------------
--------------------------------------------------------------
--------------------------------------------------------------
-------------------------------------------------------------
I will more update soon on USD/RUB Soon if any things happening.........
------------------------------------------------------------
Thanks for Reading Article
*************************************************************************************
In case of support
From analyzes
You can help
By paying bitcoin-Adress BTC -3.22% :
3Fu1Uec5JZBcWYqwUGa1eUHYTxAHXG96DY
Is the theory of Turkish lira for the Russian ruble happening ?Is the theory of Turkish lira for the Russian ruble happening ?
The question is relatively difficult
------------------------------------------------------------
This is my article about the Russian ruble today
Can the theory of Turkish lira be for the Russian ruble happening ?
This question is according to many questions of people
I'm reviewing this topic
-----------------------------------------------------------
According to price surveys-moving place-behavior-dynamic-
Harmonic Algorithms -Motion waves
Computable mathematical calculations
Geometric analyzes for price recognition
In the age of
the past
now
And the future
Provides data that It may be the future of the theory of theory
Turkish lira occur for the Russian ruble in happening but have some percent
--------------------------------------------------------------
the percent of happening it is %60 from 100%
and the percent of not happening and price going down or moving in Fixed price average is %40 from %100
---------------------------------------------------------------
I have geometric analytic logic here
And theory
I checked that the Russian ruble's pricing behavior was heavily stressed these days
And mysterious Sinus and cosine modes
-------------------------------------------------------------
Compress the price by the bank and keep the price down
As a passive spring by Russian banks
----------------------------------------------------------------
The results obtained:
Compress the price by the bank and keep the price down
Like a spring
Which is compressed
Shrinkage stress
Opening is in price
the control of this spring compressing price in the number of 67.00 and 66.00
very sinus and cosine moving
--------------------------------------------------------------------
There are several factors that can improve for the Russian ruble against the dollar
Rate of interest
Net and gross domestic product
Per capital rate
Export and import rates
Amount of debt or financial balance
Are the factors that can
In the price response, go down or upside down or go up or upside up
--------------------------------------------------------------------
However, this is a theory
And I do not guarantee 100% guarantee
--------------------------------------------------------------------
--------------------------------------------------------------------
--------------------------------------------------------------------
For advice on buying or choosing to buy
Proceed to invest
Receive daily signals
Get secret daytime signals
On any subject in the global and domestic and digital markets and stocks
In the foreign exchange markets
precious metals Market
Commodity Market
Energy Market
Crypto market
And in all areas of investment
Get Some Advise investing
Online Trading Education
Periodic training
You can contact me
Training costs
How to get buy or sell signals
Hidden signals
Advice
Investment
All costs are agreed upon
And depending on your request
--------------------------------------------------------------
--------------------------------------------------------------
--------------------------------------------------------------
-------------------------------------------------------------
I will more update soon on USD/RUB Soon if any things happening.........
------------------------------------------------------------
Thanks for Reading Article
*************************************************************************************
In case of support
From analyzes
You can help
By paying bitcoin-Adress BTC -3.22% :
3Fu1Uec5JZBcWYqwUGa1eUHYTxAHXG96DY
USD/RUB Long IdeaUSD/RUB price is being contained in an upward channel and has recently tested a key level of support. TP1 and TP2 represent key levels between previous swing high to swing low points. This pair is very volatile and is subject to larger spreads which vary according to different brokers. Trade at your own risk.
TP1: 67.768
TP2: 68.453
TP3: 69.428
TP4: 70.671
USD/RUB 1H Chart: Short-term trend in sightThe Russian Ruble has been depreciating against the US Dollar since the beginning of October. This movement has been bounded in an ascending channel.
Currently, the currency pair is testing the upper channel line at 66.40. If given channel holds, a reversal south occurs in the nearest future, and the rate aims for the support cluster formed by a combination of the 55-, 100– and 200-hour SMAs in the 65.72/65.89 range.
Otherwise, a breakout north occurs within the following hours. Important resistance level to look out for is the monthly R1 at 66.50.
USDRUB VS OILThe divergence betwen the ruble and oil suggests a sort term correction down to the lower trend line, but the long term outlook for oil is bearish, sanctions are likely to add up against Russia, and a strenghtening usd will weight on the ruble. Hence a breakout of this symetrical triangle on the upside within 1 year is the most likely scenario
USD/RUB Long IdeaUSD/RUB possible teacup formation. Using the Fibonacci tool , there is a marked confluence at a key price level. Note confluence of 61.8% and 50% fib levels on two major swing points at 62.8-63 price area (also highlighted in yellow). If price pulls back to this key level I would anticipate price to make a bull run and extend beyond brim of teacup. This trade is for demonstration and educational purposes only.
USD/RUB 1H Chart: Falling wedge in sightThe Russian Ruble has been appreciating against the US Dollar after the currency pair reversed from the resistance level formed by the monthly PP at 67.17. This movement has been bounded in a falling wedge.
As apparent on the chart, a breakout from the pattern should occur in the nearest future. From a theoretical point of view, the exchange rate should break given wedge north and surge towards the 66.40/66.80 range.
However, technical indicators suggest that expected advance might not be immediate, and the pair could decline to the psychological level at 65.20.