Big Russian long is comingRussian equities look really good at the end of 2020 & 2021-2025! We take into account declining dxy and rising em currencies, sector rotation and increasing demand for commodities in china, with a favorable pace of capex L-shaped recovery in the energy sector... we also expect reduction of political risks in Russia more, than in other em... the recovery of the Russian economy after the 2008 crisis was frozen in 2014 due to the "sanctions wars"... - in the context of the end of the pandemic and the change in the socio-political paradigm.., we expect the growth of Russian economy (next 8 years) and the growth of equities (next 5 years)...
USDRUB
USDRUB a breakout of the upward channel, waiting for fallHi everyone! Today we'll take a look at USDRUB .
As you can see from the chart, the price having been long-time traded in the rising channel went to the test. I expect retest and fall, against the backdrop of a small strengthening of the ruble. This is my personal opinion, not a call to action!
Thank you for your attention! If you like my analysis, put likes and follow me. May the profit be with you!
USDRUB - Buying backlooks like someone absobe all sell volume
i think it can rise up so much
buying back the straits
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
USDRUB testing a daily support 🦐USDRUB is still testing the support area at 76.000.
The price after a false breakout move upside until the minor resistance area at 76.600.
IF the price will break above the descending trendline, According to Plancton's strategy (check our Academy), we can set a nice long order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Sell USD Across the Board (MXN, RUB, ZAR, EUR, NZD)Low-interest rates in the united states and a negative current account balance should continue to structurally weaken the U.S Dollar.
We look at the following trades
Long NZD/USD
Long EUR/USD
Short USD/RUB
Short USD/NOK
Short USD/CAD
Short USD/MXN
Short USD/ZAR
USDRUB retest the channel break 🦐USDRUB on the daily chart broke and retest the ascending channel.
The market after creating a double bottom over the support level at the 76 area went for a retest of the trendline.
On the 4h chart the pice is moving inside a minor channel and now tested the 0.382 over the trendline.
IF the price will break below the structure and consequently break the channel we will set a nice short order according to Plancton's strategy.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Leave a comment that is helpful or encouraging. Let's master the markets together.
USD/RUB waiting for long... AgainHi everyone! In fact this continuation of my two previous ideas. In my opinion we are in the extending triangle. In the nearest future its lower line will be tested. Therefore I plan purchase with a minimum risk at the price about 75.42. Purpose on 81.49. SL = 74.59. All of success in trade!
Information provided is only educational and should not be used to take action in the market.
USD/RUB: there will be growth soon.../section fast transactions/Hi everyone! In the nearest future I expect continuation of height of pair of USD/RUB. Crossing of the line of a trend and zone of interest of buyers will be the good place for purchase.
So: purchase on 77.30
TP 81.89
SL 76.38
Information provided is only educational and should not be used to take action in the market.
This section is intended for short-term speculation. Be ready to leave a position at any time.
A potential win for Biden and the South African randThe pair will continue to move higher in the following days towards the $86.000 resistance level. While the recent report suggesting a potential win for Biden benefits the South African rand, it doesn’t do well for the Russian ruble. Moreover, the recent reports from Russia show a lagging economy amidst the COVID-19 pandemic. While most countries who published their Markit Manufacturing PMI reports turned out positive, Russia’s report was still below the 50 points benchmark. Monday’s result showed a decrease to 46.9 points from 48.9 points in September. One reason for the sluggish growth of Russia compared to other developing economies was the sanctions imposed by the United States for Russia’s annexation of Crimea. The west could further isolate the country after its refusal to its fossil fuel consumption. Despite the overall sentiment in the Russian economy, investors should be cautious until the election results are published.
USD/RUB: The uptrend will continue.Three times consolidations have brought profit on the sale of the ruble for the dollar. Now the intervention of the Central Bank of Russia and state-owned companies will temporarily suspend the process of weakening the ruble. But this process will continue anyway, as investors are withdrawing money from Russia's bonds (the RGBI index goes down), the oil price goes down, and stock indices go down. The global trend of the US dollar strengthening is also possible.
USDRUB waiting for longHi, everyone! Today we’ll take a look at USDRUB!
As you can see from the graph after the rising trend, we have a falling wedge on the flag pattern, which signals a continuation of the trend. I’m expecting a wedge break and further growth. This is my personal opinion, not a call to action!
Thank you for your attention! If you like my analysis, put likes and follow me. May the profit be with you!