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U.S. Dollar / Russian Ruble

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USDRUB trade ideas

Wave of pessimismThose who follow my ideas know that I have been waiting for the growth of the euro for a long time. I was more pessimistic about the dollar. Now, it seems to me, the rebound will continue. I do not know whether it will be big or small(the graph shows two main options). Due to the EUR / USD exchange rate, I assume that a 5-wave structure will begin on the EUR/RUB chart, or the correction will continue a little, and then growth will begin, and we will not move beyond the highest point of the USD/RUB chart.
by loco_mango
USDRUB D1The dollar and the Russian ruble currency pair have made a significant depreciation! This movement was significantly influenced by the rise in oil prices. Because the economy of the Russian Federation is built to a large extent on the raw materials market. And the rise in raw material prices always strengthens the ruble. Now this currency pair is at a fairly strong level. And most likely it will turn. This can be influenced by two main factors! This is a correction of oil quotes, which are currently at their highest levels in recent years and the beginning of the growth of the dollar.
Long
by TradingForProfitPro
USD/RUB 4hr, monthly buy 72.40 area Monthly chart : declining to green support band, this will be third decline. One month 01/03/2020 moved up and last 15month all price action stayed in upper 50% portion of that strong month. Move from green support band will test top bolinger on monthly again around 88. On 4hr , as price declining towards green support on monthly, some buying starts- gapping up on bottom, engulfing. Buy 72.40 and will buy more if it decline more in to green and start producing more buying configurations inside the green support. Initial target on 4hr is top bolinger band. Long term target monthly top bolinger band around 88.
Long
by Forexblade