EURRUB detailed chartHello everyone!
Glad to present detailed chart concerning higher Weekly timeframe.
Kind regard's PowerfulTraders
EURRUB trade ideas
EURUB Global chart till 2033EURRUB prediction by our analysis We believe in stable position of Euro.
Kind regards, PowerfulTraders
💾 Euro vs Russian RubleI was looking at this with the RSI open and was getting mixed signals. The daily timeframe (short-term) also, mixed signals but this isn't the case for the long-term.
The blue lines you see here, that's the trend.
Both the long upper wick March 2022 and the crash May-Dec. 2022 are the excess.
This chart is clearly saying that the Euro is set to continue growing against the Russian Ruble, but things can change.
Last month was a decisive session and gives out a strong signal.
We have a "hammer" candlestick; long lower wick coupled with a small real body.
This month we have a full green candle, so far, and this works as confirmation of last's months session. Meaning bullish confirmation.
This is all pointing straight up (green arrow), with the main support being 80 (last months wick low) and 72 (January's low). Moving below these levels would change the chart structure yet the bullish bias would still remain.
Below you can find the USDRUB trade ideas if you want additional information:
💾 U.S. Dollar Bullish Against The Russian Ruble | April 10, 2023
💾 U.S. Dollar / Russian Ruble TOM | December 21, 2022
Thank you for reading.
Namaste.
Too late for the Russian momemtum, back to 93The final obj is 37 but oil will go down and the same for RUB, the FX cross should make a second contact before. Obj = 93
Ruble falls in the wake of the decline in exports from RussiaRuble falls in the wake of the decline in exports from Russia. I expect 80+ rubles for 1 euro in January.
RUBEUR - Consolidation formation complete and ready to break up!The russian rouble can only go up after completing the consolidation structure! Europe will head into winter now in upcoming months, wonder what that will do to soldiers on the battlefield and general situation.
EURRUB $EURRUB Initial LongEURRUB $EURRUB Initial Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Extremely High-Risk EURRUB $EURRUB Initial ShortExtremely High-Risk EURRUB Initial Short. We already had a short going on this pair, it hit TP1 and then stopped out at breakeven. Looks like its going for another swing low. I'm posting this purely for speculation purposes. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset. This signal also uses Super 6x: RSI, MACD, Stoch, DeMarker, CCI, & Velocity, but the signal from this indicator needs one more day to confirm, but i'm posting this anyway.
EURRUB $EURRUB Initial ShortEURRUB Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
RUB don't give updespite all the penalties on the Russian economy, the rouble could resiste to this shocks and take revenge. the markets now is on an uppertrend and since 14 mai and it's will countinue to goes up despite the corrections.
Rubel strong, EUR weakEUR RUB will be lower than 40.0, cause if USA and Mr. Schwab makes war and p(l)andemics, it is no problem, for russia.
Western news channels Propaganda? Ask yourself this .... "who is most likely lying? The mainstream Western news channels or the stock market charts" ??
On one hand I hear and watch "sanctions on Russia. Companies moving out/ closing doors. Banks & financial sectors shutting down on russian and/or tied to russian compaines and individuals.
And then there's this chart. Or the usd/ruble for that matter. And then look at the s&p500 or the ftse100 who are in far worst shape than the russian stock market. Is the rusky money printer working overtime again? Russian backed companies on the u.s. and euro markets selling off to collapse them? Or just blatant (more than usual) mainstream news Propaganda at play.
Something ain't adding up. 🤔
RUBEUR ENDING A BEARISH PATTERN - ELLIOTT WAVE Hi Elliotticians, RUBEUR can be unfolding a complex pattern on the weekly time frame, known as a double zig-zag down from 2008. There is a completed a-b-c move in w, followed by a completed elliott wave triangle in x, and now a possible three-wave move down for a wave y. Possible support and a rebound can be near the middle parallel channel line and at the Fib. ratio of 1.0 and 0.618.
An impulsive recovery above the 0.0148 lvl. would suggest a completed move to the downside, and a bullish advance.
Alternate count suggests an impulse to be underway down from 2008, specifically wave 5 of an impulse, which is formed by five sub-waves. Possible support and a turning point to the upside can be near the same levels as for wave y.
Take care!
CATCH ME IF YOU CANThe Russian ruble or rouble is the official currency of the Russian Federation. The ruble is subdivided into 100 kopeks. The first Russian ruble (code: RUR) replaced the Soviet ruble (code: SUR) in September 1993 at parity or 1 SUR = 1 RUR. In 1998, preceding the financial crisis, the current ruble was redenominated with the new code "RUB" and was exchanged at the rate of 1 RUB = 1,000 RUR.
The ruble was the currency of the Russian Empire and of the Soviet Union (as the Soviet ruble). However, today only Russia, Belarus and Transnistria use currencies with the same name. The Russian ruble is also unofficially used in the four partially recognised republics of Abkhazia, South Ossetia, Donetsk and Luhansk. As of April 2019, the ruble is the seventeenth most traded currency in the world, and a free-floating currency.
My Idea for Pattern Harmonic Sinario 1The Amazing Harmonic Pattern Trading Strategy will give you a whole new understanding of the price action. Our team at Trading Strategy Guides knows that the geometric patterns that can be found in nature, the same anomalies can be found in financial markets as well. This ability to repeat and create these intricate patterns is what makes the Forex harmonic patterns so incredible.We also have training for the fractal trading strategy.
Short Vision on EUR RUB for 21/02/2022Hello Dear Traders,
You find below my analysis for EUR/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 EUR/RUB will fall to 88.15 as I am showing in my chart. Our Daily Goal is 87.85.
Currently, EUR/RUB is moving towards the resistance level of 88.85,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/RUB.
Good Luck and enjoy your Bearish Market for today.
Entry:@88.85
TP1: @88.55
TP2: @88.15
TP3: @87.85
SL: @89.25
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!
EURRUB Russian Ruble in Trouble Again....So this is the Monthly EURRUB Chart, IMO the most accurate TF for long term investing and making sure your trading with the trend, I'm a Fibs fan and just wanted to highlight the next long term Fibs number are for this pair.
When... not if the last high of 97 breaks then you look forward to the following target..... 127.2 is 120, the 161.8 is at 150 and finally the 200 is at 184.....
Short Vision on EUR RUB for 26/01/2021Hello Dear Traders,
You find below my analysis for EUR/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 EUR/RUB will fall to 89.35 as I am showing in my chart. Our Daily Goal is 89.25.
Currently, EUR/RUB is moving towards the resistance level of 90.05,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/RUB.
Good Luck and enjoy your Bearish Market for today.
Entry:@90.05
TP1: @89.75
TP2: @89.55
TP3: @89.25
SL: @90.35
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 Vision on EUR RUB for 03/02/2022Hello Dear Traders,
You find below my analysis for EUR/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 EUR/RUB will fall to 86.25 as I am showing in my chart. Our Daily Goal is 86.05.
Currently, EUR/RUB is moving towards the resistance level of 86.85,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/RUB.
Good Luck and enjoy your Bearish Market for today.
Entry:@86.85
TP1: @86.65
TP2: @86.45
TP3: @86.25
SL: @87.25
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!
Geometry: Ellipse and Adjusted AxisHey! Hope you are well!
Here is an adjusted axis on the five minute chart; the native chart I was using is five minute; here is the picture of what it looked like.
The varying eccentricity of the ellipse comes from the varying circular levels such as .25, .5, .75, 1, 1.25, 1.5, 1.75, 2
Imagine the circle as a 1x1 ellipse; now imagine the next ellipse as a 1x1.25; imagine the next one as a 1x1.5; go all through the varying harmonics of 1xn.
Enjoy!
Suggested Reading:
Law of Vibration - Tony Plummer
Michael Jenkins - Geometry of Stock Market Profits, Chart Reading for Professional Traders, Complete Stock Market Forecasting Course
Scott M. Carney - The Harmonic Trader, Harmonic Trading Volume I, Harmonic Trading Volume II, Harmonic Trading Volume III
H.M. Gartley - Profits in the Stock Market
Bill Wiliams - Trading Chaos, New Trading Dimensions, Trading Chaos 2nd Edition
J.M. Hurst - The Profit Magic of Stock Transaction Timing, Cyclic Analysis: A Dynamic Approach
Fabio Dreste - Quantum Trading
Michael Jardine - New Frontiers in Fibonacci Trading
The Wave Principle, Nature's Law
Ralph Nelson Elliot
Technical Analysis of the Financial Markets
John J. Murphy
