USD RUBI think that the Russian ruble will continue a gradual decline, there may be slight increases, but not for long
USDRUB trade ideas
USDRUB Long-term Buy SignalPattern: Channel Down on 1W.
Signal: Bullish as the Channel Down found support on the 1W MA50 and the rebound broke the pattern upwards.
Target: 82.800 (the potential Double Top).
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USDRUB Gref is getting closer to his forecast of 60 rublesThe greatest economic strategist of our days G. Gref is getting closer to his forecast of 60 rubles. Let me remind you that he recently “reassured” all Russians that devaluation is not expected when the course was 69. When I heard this, I no doubt did the opposite. And he gave an idea with a forecast of growth to 72.
Who is not too lazy to ask to see.
What awaits us next.
Currency pair Dollar Ruble USD / RUB continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 71.7 Moving averages indicate the presence of a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of American currency.
Thus, the USD / RUB forecast for the Dollar on July 7, 2020 implies an attempt to test the resistance level near the area of 72.15. Where can we expect a rebound and the continuation of the fall of the Dollar against the Ruble with a target below the level of 70.5. An additional signal in favor of reducing the pair will be a test of the trend line on the relative strength index (RSI). Cancellation of the fall option will be a breakdown of the resistance area and closing of quotations below the level of 70.
USD/RUB MULTI-TIMEFRAME ANALYSIS Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Currency pair development USD/RUBThe currency pair continues to develop a structure of decline to the level of 69.96. After that, growth is expected to 70.50. And with the breakdown of this level upward, the potential for growth to 72.00 will open. With a decrease to the level of 69.90 and its breakdown downward, the trend may continue to 68.00.
Hard times will come for Rubel? In the related idea, I was expecting Rubel to find its bottom and the falling channel break upward. Now here it is and the q. is what next? Further rising should come by breaking up the rising green channel without any question in the next momentum(in the third wave).
Trading below 68.50 will eliminate this forecast and USDRUB could reach 66 level.
USDRUB ideaUSDRUB idea
At the moment, I am considering 2 options for movement
On the chart, I pointed out the option for the long and the option for the short one, because: the trend line was broken and there was a retest.
If the price is fixed at level 70 then it is possible long, if its price is fixed at level 68 then you can try to sell
USDRUB looking up 🦐The market after a long downtrend has now broke the trend line and currently is moving in a side range.
If the market will manage to break and close the resistance structure we can look for a long order according with our strategy with possible first target at the next resistance structure.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
MOD'S BANNED ME 2TIMES MOD'S BANNED ME 2TIMES - NO POST AGAIN MY IDEAS FOR FREE-SORRY TO MY FOLLOWERS
💵USD / RUB 1W. As one of the scenarios ...Friends, I have not looked at the dollar chart for a long time, I think it’s worth fixing!
I write a review based only on technical analysis, so do not judge strictly.
In general, for me the picture looks bullish, I will explain why:
1️⃣ broke through the downtrend, thereby the falling wedge
2️⃣ closer to global support at 67.2 rubles
3️⃣ a potential double bottom and a flat top triangle are visible on the daily chart
If someone is thinking of buying dollars, I would start while we are above global support. In the near future I am waiting for a rebound towards the level of 0.5 Fibo.
If you need this analytics, put 👍 and subscribe!
I will also be glad to see your comments under the idea, what do you think about this?
#USDRUB
USDRUB LongFrom a monthly PoV, pair has retraced to around the 61.8% fib level, which lines up with previous market structure (i.e resistance). If this level will hold as support, then it could be the point where retracement end.
Target is gotten from the weekly chart at the previous weekly support; further conflunce for target is that it lines up with the 38.2% fib level taken on the retracement leg from the monthly chart.
On the daily chart, market is forming an accumulation in the form of a wedge/pennant. If the pair would break out of this structure with a strong impulse on the daily chart, then entries can be sought on the retest of the structure, either on the 4hr, 1hr or lower time frame, depending on preference.
Patience is important. Best of luck!
Cup-and-Handle (bullish)CURRENT CONFIDENCE = 65%
TARGET (EXIT) PRICE = 0.014490 USD
BREAKOUT (ENTRY) PRICE = 0.014425 USD
DISTANCE TO TARGET PRICE= 0.07% (1.0 pips)
EMERGED ON Jun 25, 11:00 AM (UTC)
CONFIRMED ON Jun 25, 01:07 PM (UTC)
WITH CONFIDENCE LEVEL = 70%
Tickeron AI shows that the Cup-and-Handle (sometimes called Cup-and-Holder) pattern is formed when the price of a pair initially declines and then rises to form a “U”like rounded shape (1, 2, 3, also known as the Cup). Once it forms the right lip, it is characterized by short, relatively straight price decline (from 3 to 4) forming the handle.
The declining handle potentially forms due to mounting selling pressure created when the pair tests its high at the right cup lip. After the sellers give up, the pair has the potential to break out to the upside.
Wedge Falling (bearish)CURRENT CONFIDENCE = 54%
BREAKOUT (ENTRY) PRICE = 69.218000 RUB
TARGET (EXIT) PRICE = 68.792000 RUB
DISTANCE TO TARGET PRICE = 0.33% (22.5 pips)
EMERGED ON Jun 25, 01:00 PM (UTC)
CONFIRMED ON Jun 25, 01:59 PM (UTC)
WITH CONFIDENCE LEVEL = 64%
Tickeron AI shows that the Falling Wedge pattern forms when prices appear to spiral downward, with lower lows (1, 3, 5) and lower highs (2, 4) creating two down-sloping trend lines that intersect to form a triangle. Unlike Descending Triangle patterns, however, both lines need to have a distinct downward slope, with the top line having a steeper decline.
This pattern is commonly associated with directionless markets since the contraction (narrowing) of the market range signals that neither bulls nor bears are in control. However, there is a distinct possibility that market participants will either pour in or sell out, and the price can move up or down with big volumes (leading up to the breakout).
