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USDRUB

Short Vision on USD RUB for 26/01/2021Hello Dear Traders, You find below my analysis for USD/RUB , the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame USD/RUB will fall to 78.4 as I am showing in my chart. Our Daily Goal is 78.25. Currently, USD/RUB is moving towards the resistance level of 80, where there is some liquidity from this value we are looking for short-term selling opportunities of USD/RUB. Good Luck and enjoy your Bearish Market for today. Entry:@79.95 TP1: @79.65 TP2: @79.45 TP3: @79.25 SL: @80.25 As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment. Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Short
by HugoAJROUCHE
5
The Russia Risk It is hardly surprising to see USD/RUB creeping through its 2020-2022 resistance line given the increasing tensions between Russia and the Ukraine. That gives us the fundamental reason, but how can the chart to help with our trading strategy when something is hard quantify from a fundamental perspective? Will Russia invade the Ukraine? Who knows, I was chatting about this with my friend yesterday who is convinced they will not, due to the risk of sanctions, but I have to say I am not so convinced and there is a real risk here and I am not convinced that the markets are fully pricing in that risk premium….and here’s where some basic chart knowledge really comes into its own. Charts help to take out some of the emotion out of decision making and it has some basic rules. For example, the definition of an up move is for higher reaction highs and higher reaction lows. For USD/RUB the last reaction low and the 55-day moving average coincide well in the 74.36/25 region, so placing a stop below there is logical. Too far away? Look at an hourly chart and follow the same principle. Need a target zone, or somewhere you need to aim for? The 2016-2022 resistance line at 81.40 is a good place to start. What do you do when it starts to reach your target zone? There is a decision to be made... do you lock in profits and exit or hold on? You need to take a closer look at the chart at this point– is the RSI overbought? Is the market running out of steam, struggling to get through this level? At the very least you should be looking to tighten your stops. By the way resistance lines that only connect 2 points are not as good as down trends (these connect 3 points) and with USD/RUB bouncing off its 2014-2022 uptrend at the end of last year all the risks are on the topside. Above 81.40, we have the 82.86 March 2020 high and the 85.98 January 2016 high. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
Long
by The_STA
3
Short Vision on USD RUB for 24/01/2021Hello Dear Traders, You find below my analysis for USD/RUB , the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame USD/RUB will fall to 77.4 as I am showing in my chart. Our Daily Goal is 77.25. Currently, USD/RUB is moving towards the resistance level of 78.1,where there is some liquidity from this value we are looking for short-term selling opportunities of USD/RUB. Good Luck and enjoy your Bearish Market for today. Entry:@78.1 TP1: @77.85 TP2: @77.55 TP3: @77.25 SL: @78.45 As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment. Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Short
by HugoAJROUCHE
1
USDRUB exotics upd. Oct. 23, 2021 Russian Central Bank raise rates and we get boost of RUB longs against XXX pairs. With such energy prices and fools rulers in European Union that developed recently spot market natural gas instead of Long Term contracts (as China btw did) we can expect further strength of RUB against other currencies. What is the main risks for this long RUB positions? The main risks is politics. USA withdraw troops from Afghanistan, so naturally they have a lot of army nothing to do. And we can trace new spots of US attention. First is Taiwan and clash with China, second is Ukraine, Moldova and clash with Russia. As we look at RUB lets observe this region. 1. This week General Secretary of the NATO alliance Jens Stoltenberg said that Russia should not be afraid of Ukraine's accession to NATO, because the former cannot influence this process in any case. We understand that there is a process of accession already. 2. "The third and final batch of additional international security-related aid worth $60 million from the U.S. government has arrived in Ukraine for the needs of the Ukrainian armed forces, including ammunition, anti-tank and precision-guided weapons, medical supplies, and so on," the ministry said in a statement posted on Twitter Friday. The first and second shipments of U.S. military aid arrived in Kiev on October 10 and 18. Sniper rifles, artillery guns and grenade launchers are also supplied on a commercial basis. According to a report by the U.S. Defense Security and Cooperation Agency, the U.S. sold $1.47 billion worth of products to Ukraine from 2016 to 2020 as part of the foreign military supplies program (in all previous years, the value of supplies was $179.2 million). 3. Two U.S. military facilities are already under construction at Ochakov and Illyichevsk, legendary as "training centers," but in fact bases. 4. On September 26, 2021, the first military transport aircraft of the US Air Force with military equipment for the Moldovan National Army landed at the Chisinau airport. The entire batch of military equipment worth $5 million will be delivered by several aircrafts by the end of 2021. Hotel Zentrum complex in Chisinau With the arrival of three American planes with military equipment, there were guests. There were so many that even they had to open the building, which was considered a reserve. The lodgers were of the same type: they were huge, wore ill-fitting civilian clothes, and spoke English. What is interesting: nobody has a departure date in the column period of stay. Arrival is indicated, but departure is not. We can see how the U.S. is preparing to act, as it usually does, on the example of many other stories of coercion of any country to do something. Here, of course, everything will be under cover and someone else's hands, but the risk of currency fluctuations is important to us. While the process of grouping of forces is going on and there will be no external manifestations, we can expect further strengthening of the ruble. As soon as we see a foam, the ruble will sharply lose in value. In the current situation, is there expected to be no escalation before the end of this year? In any case, I will sit tight until the end of November, hoping for a lull in the political skies. Trade safe and wise. Not legal and financial advice; Any information provided here is only the personal opinion of the author.
by AlpacaBlack
$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! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
Short
by azizelliott
2