USDRUB_TOM trade ideas
USDRUB Short-Term UpdateThe big picture is blurred, but the USDRUB may rally from here giving start to a new trend.
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.
USDRUB Head and shoulder pattern?USDRUB before the breakout of a key level, it could complete the head and shoulders pattern.
Long but not much99 rub per 1 usd is a maximum for the end of the year with 45 % correction after New Year
USD/RUB THE END OF THE SECOND WAVE Now I think that USD/RUB is at the end of the second wave of the third wave of bigger order.
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: WAITING for long /section fast transactions/Hi everyone! I am going to open the long position from 75.42. With purpose 77.15. SL on 74.69. You watch the idea, I will act on a situation. In principle on the technical indicator everything is ready for the small movement up.
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.
USDRUB Coming down 1/48.Finally Completing Wave C, and there's a few more fractal patterns to play themselves out. Fibonacci goals in ?cyan. Looking at this chart makes me think of needing to look at oil and natural gas one more time. Not financial advice.
"Dollar, dollar a dirty piece of paper"I am doing this long term analysis to compare USD/EUR/CHF/JPY/CNY to RUB
Potentially dollar is an underdog in recent rally as majority of listed currencies have already bidden March highs.
Meanwhile, USDRUB 3M high is 81.6 and recent rise to 80.6 is still not enough.
So dollar looks like a good investment opportunity to hedge RUB inflation risk
The momentum is almost lost for dollar so it is a risky play
USDRUB - potential cup and handle?The increase in lockdowns in the world will affect oil prices, and then the ruble.
The future of the RubleIf we consider the mark of 80.6 rubles per dollar as a peak, then I think that there will be a correction to the level of 73-74 closer to the new year after the passions around the US elections calm down. The forecasted unrest in the US will also be a negative factor.
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.
USDRUB UpdateIf I am right about interpretation of what has happened before with all these diagonals and triangles, we are about to witness a surge in USDRUB rate to 88ish level. Expanding diagonal is not something you bet on in normal circumstances, but with US election at hand with hawkish Biden as poll's favourite - the surge is not unlikely.
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.
