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USDRUB

USD/RUB Short Forming - Levels and patterns to watchAbcd is complete and momentum is still bullish channeling up steeply into 1.618 fib levels. Looking for possibly one more small extension into upper trendline resistance around 57.9471. I will be watching for a break in the steep lower trendline to get in short for a drop down to 57.1764 levels around .5 fib of current said wave. Wait to go short when trendline breaks, high risk short at the current price as momentum is strongly bullish still
Short
by davistradingforex
USDRUB 1H Chart: Potential surge The US Dollar has been appreciating gradually against the Russian Ruble since late February. The currency pair bounced off the lower boundary of a junior channel on February 28 and has since remained stable and slowly moving north. Technical indicators suggest that bulls should take a greater hand in the market once again and thus sending the US Dollar higher. In the meantime, the exchange has tested the weekly R1 and made a retracement south. Everything being equal, the aforementioned scenario should occur if the combined support of the 55– hour simple moving average and the monthly pivot point near 56.89 holds.
by UnknownUnicorn890690
USDRUB 4H Chart: Likely breakout The US Dollar has started to gain strength against the Russian Ruble after the pair reached a five-years' low of 55.58. However, the surge was stopped by the weekly R2 at 58.62. After reaching the 38.20% Fibonacci retracement level, the exchange rate made a U-turn south and has since been trading in that direction. A new junior pattern has been drawn to monitor the price movement. This retracement can be measured by connecting the low at 55.58 and the high at 60.43. The currency pair has moved closer to the border of the junior pattern, as can be observed on the chart. Also, technical indicators suggest a breakout of the lower boundary is likely to occur during the next trading sessions.
by UnknownUnicorn890690
USD/RUB 4H Chart: Continued to declined The US Dollar has continued to decline against the Russian ruble, as expected. The currency exchange rate has reached the previously set target of 56.13. The target was chosen as it represents the low level of August 2017. Moreover, it consists of various other levels of significance. For example, an inverse Fibonacci retracement level of past high and low levels would be located at that level. Meanwhile, regarding the long term, the movement is likely to continue south until it breached the monthly pivot point's support at 54.88.
Short
by UnknownUnicorn890690
USD/RUB 4H Chart: Approaching historical lowAs the US Dollar continued to lose ground against the Russian Ruble a major development occurred. The currency exchange rate passed a very significant support level near the 57.60 level. At that mark a 61.80% Fibonacci retracement level met with the support of the most dominant ascending channel pattern. However, that is no longer the situation. Instead the medium term channel down pattern has set its way to guide the currency exchange rate down to the 56.80 mark. That level is also consisted with a much larger scale Fibonacci retracement level. Moreover, close by a monthly support level is located close by.
Short
by UnknownUnicorn890690
USD/RUB Neutral PositionThis trading pair looks like it can have an overall prolonged strategy. However, it does seem to also be expecting another wave of positive correlations for a short holding position. Since the correlation of this Forex pair changes a lot, a strategy that utilizes AI trading and Ichimoku signals can be very profitable. However, it doesn't fluctuate enough where a bearup strategy can work on its trading. Overall, I would believe this to be extremely investible for the long run but still rate it at medium to high risk investment. The potential gain can be around 2 to 5% more than its original trading value.
by gamer456148