USDRUB_TOM trade ideas
Short UDS|RUBNow we are at the upper border of the ascending corridor, with a greater degree of probability, at least a correction awaits us. Now is a good entry point to try short positions.
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Deal:
Short - 78,8
Stop - 79,3
Take - 77,2
RISK|PROFIT: 1|3
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Good Luck have fun!
Usdrub buy 78.28Finally above bb on 1 hr chart. Initially bb stoped price by one red candle. But then price went through and now looks like upper bb holding as support.
Buy 78.28
And want to see how it will progress.
Daily looks overdone and hitting top of bb, lets see if it will correct or keep moving up.
RidetheMacro| USDRUB Macro Outlook Commentary📌 macro financial level, COVID continues to be having a misplaced lasting effect among nations with locations like France and different European nations being hit once more with a 2nd wave. These unsure black swan activities make it very tough to give you alternate thoughts due to the fact any 2nd the important authority or authorities can intrude with the loose markets.
📍 Now, the IMF have made a forecast recent months that America will keep growing favorably in evaluation the Russia. However, those predictions are very unstable within side the present day weather because of COVID. It’s essential to hold a watch in this forecast as they may alternate if new records comes out signaling contrary convictions. E.g. if COVID receives worse within side the United States it’s not going they’ll develop quicker than Russia, particularly thinking about there’s a few hypothesis that
📍 Russia Exxon Mobil is a massive oil company in United States and there’s a inverse relationship between oil and the USD. Generally commodities will have an inverse relationship to the USD so there’s no surprise here that there’s an inverse relationship between Exxon and USDRUB. When Exxon goes down USD seems to rise. CURRENTLY Exxon (With Orange line) so there’s room to move up which could see USDRUB (with purple color line) fall in value, especially if the Untied States continue to open up its economy which will get people buying petrol, exporting more oil and factories using oil has advanced an early vaccine for COVID which can assist improve the economy and better economy Ahead.
✅ Exxon Vs USDRUB Chart Below 📊
📍 2nd we also want to see how the crude version impacts USDRUB. Since the 2000 we have VERY interesting statistics. That being there’s a 91% negative correlation between oil and USDRUB. Again, we’re data driven and reinforce that saying that oil has an inverse relationship with USD value.
✅ WTI Vs USDRUB Chart Below 📊
📍 3rd The final factor is the S&P500 priced in RUB to how wealthy America is compared to Russia. Because majority of peoples pensions are held within their country of residence stock index. Right Now S&P 500 dropping well day by day. so investors is long USD to protect against deflation in the S&P500 assets.
✅S&P 500 VS USDRUB Chart Below 📊
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Until next time,
Ride the macro
USDRUB 9 ideas out of 8 closed in +#USDRUB 9 ideas out of 8 closed in +
Druzya, hello everyone, I haven't reviewed the USDRUB trading pair for a long time, as we follow the plan of the previous idea.
The pair continues to move within the ascending channel.
Currency pair Dollar Ruble USD / RUB began to develop the "Triangle" model. Where an additional bowl with a handle pattern was noticed inside, where the working out was very good. At the time of publication of the forecast, the US Dollar to Russian Ruble exchange rate is 77.32
As we can see, the price renews local new highs and is held in an upward channel and tends to the global resistance level, which we have at 79
Whoever holds the dollar now can make money on a small correction. But those who have no experience have nothing better to do, but just keep, as global growth awaits us.
There are also patterns that indicate the continuation of the trend and thus the depreciation of the ruble. In addition, if you include fundamental analysis, then the country has a very bad economic situation.
If there are grounds for revaluation or devaluation, such processes occur gradually, not created by a shock situation on the market, "
Friends, if you do not know where to invest, write to me.
P.S. If you keep everything in dollars, then this is not a good investment, since the dollar is only growing, but in the world market it is gradually depreciating.
RUBUSD ascending triangle in the ascending channel Hi Everyone! Today I have done a short review of RUBUSD and I would like to share my vision with you!
As you can see from the graph, the price has changed the direction after the breakout of the downward channel, where a new upward channel has formed. As I pointed out on the chart, the price is traded in the upward channel within which the upward triangle has formed. As we see the price constantly updates local new maximums and is held in the upward channel and strives for a global level of resistance, which we have at 77.8. There are also bull patterns inside the canal that indicate the continuation of the trend and thus the depreciation of the ruble. In addition, if we look at the fundamental analysis of the country’s very poor economic situation, the number of people infected for the first time since the end of May has exceeded the number of people who have recovered, which is an alarming signal for the medical system to be overloaded in the coming weeks, in consequence of which the new restrictions will begin to take effect.
Ruble is not the most reliable currency, I suggest you invest in more reliable sources) If you have questions about investing, write to me. Friends, thank you for your attention! If you like my analysis, please put likes and follow me!)
$USDRUB - Perfect bearish batHi guys!
Dollar Russian Ruble is about to form a perfect bearish bat pattern.
In my opinion the uptrend is pretty much to be expected as there is a strong support at 74.638.
Long then short could be a good takeout here.
Cheers!
Trade with caution. Not an investment advice.
USDRUB UpdateUSDRUB is likely trying to reach 0.618 Fibo and in its retracement and then bounce off 200 MA on 4H. Sigh.. bought too much too early.
seems like in correction in wave in the channelseems like in correction in wave in the channel, will be last chance to buy the dip before upside
The concerns in the commodity market and the political problemsThe concerns in the commodity market and the political problems faced by Moscow are slowing down the Russian ruble, allowing the also weak US dollar to steadily advance against in the trading sessions. In fact, the trading pair is on track to reach its resistance level by the latter part of the month. Moreover, crude prices are seen climbing up right now as a hurricane continues to lash out in the Gulf of Mexico. However, the main worry for the oil market is the expectations that the Organization of the Petroleum Exporting Countries will cut back on its estimates for global crude oil demand. If the demand will be adjusted lower, oil prices could fall down in the trading sessions, pulling the Russian ruble along with it. Meanwhile, the US dollar is also seen slowing down thanks to the jitters felt by investors as they wait for the outcome of the US Federal Reserve’s last official meeting before the highly anticipated US Presidential Elections next month.
Go short, for correctionYou better inter the trade after the price hit the confirmation level
I will not provide any alert for any market change
My analysis are not 100% perfect, you better compare with your analysis to come up with a nice set up Compare with your analysis to come up with a nice conclusion
Have a nice trade
USDRUB D1The US dollar has good growth prospects against the Russian ruble. This week the OPEC countries will be sitting down. On which, most likely, a decision will not be made to reduce oil production, which may lead to a drop in oil prices, or leave its cost in the same price range. Such a situation with the oil market can be a good stimulus for the growth of the dollar and a negative factor for the ruble and the Russian economy as a whole, because its economy depends mainly on the sale of oil, for which there is already low demand.
Usdrub buy 7525Rebound from 4hr support zone
Buy 7525 breaking above ma on 2 min chart
Tp 7545 or higher
