Not covered in forex textbookThe current situation in Eurasia Russia vs Ukraine is not covered in any forex textbook. It does not look serious in theory, but in ground, a country is being erased from world map.
USDRUB_TOM trade ideas
USDRUB for a new ATH following the crisis 🦐USDRUB on the monthly chart is testing a historical resistance at the 80 levels after the test with a spike of the 0.618 Fibonacci level.
The market after the recent news on the Ukrainian crisis is pushing higher and we can expect some break above for a new ATH.
How can we approach this scenario?
Even though is very risky to trade with high volatility if the price will break above we can move to the lower timeframes and check for a possible long entry.
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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.
Russian rubble collapsed by more than 100% Russian rubble collapsed by more than 100%
3 weeks ago price was 74 rub per $1
Price reached $174 yesterday
USDRUB-SELL++++ do not trade itNo change in view.
We are in an extreme level of RUB weakness for very well understood reasons. The future looks very bleak for the currency amid the sanctions that are getting worse everyday. Further, the ongoing situation in Ukraine, as long it continues, will provide weakness for the currency.
Technically, we are severely overbought, and sure we do not know the future, if assuming we may see a light at the end of a tunnel one day, the currency will correct back towards 100-110 and settle in that area. For now, I expect wild movements and maybe correction back to 115 and then an assault on $ 150 and up.
State reserves ? If you take a look on the Russian Ruble we really had a all Time High at 177 points like never before in history. But in one day it changed and has fallen back to 110 points about. Although Russia is the most sanctioned country in on the world right now.
The situation with the Russian currency really remembered in the situation with the Turkish Lira where president Erdoğan took action over the night. So what the Russian central bank did ?
What are your thoughts?
Russian Economy Collapse >>> Russian Ruble is in free-fallin less than one week Russia lost 270 Billion in Economic Value ... the Russian Ruble is in free-fall >>> Russian Ruble is off 60% and is currently trading less then 1 penny ( 0.0081 USD )( 20% less than 1 penny ) >>> the UN Sanctions are a total fiasco to Vladimir Putin >>> Russia must stop the WAR and negotiate sees-fire (ASAP) otherwise it will lose all of its Economic Value by the end of March 2022 >>> Putin caused Disaster to Russian Economy >>>
USDRUB-SELL+++++ Do not enter this one. I am only updating it for showing where we are at.
The market is extremely overbought, but well fundamentally anything can happen.
In terms of the RSI and state of market, the pair can swiftly correct at any time, and especially if there is unexpected news on the crisis, which for now is not the case.
The correction can be anywhere back to $ 110 . The current $ 135 look very overdone and being long can be very scary.
Again repeating DO NOT TRADE IT ... this is pure info only, and it is clear sanctions are affecting the currency pair, which is a logic.
russian ruble - Ukraine war according the ruble chart this complicated situation in Ukraine and Russia will be ended on Feb 2024 .this a monthly chart it means each candle will long for a month and there will be a lot changes in each candle. this is not an financial analyze but a time prediction for the war situation in Ukraine . future will show a lot of things.
Rubble's reaction to Russian InvasionsIn 2008, Russia invaded the sovereign nation of Georgia. This invasion and resulting sanctions resulted in a 37.1% drop in the value of the Rubble vs. the U.S. Dollar. In 2014, Russia invaded the sovereign nation of Ukraine. The resulting international sanctions resulted in a 60.55% reduction in the value of the Rubble against the U.S. Dollar. This is likely just the beginning of the pain instore for the Rubble over the latest Russian invasion of the sovereign nation of Ukraine.
USDRUB- SELL ++++ but stay away from itOne can clearly observe the effects of the sanctions and further actions being taken. this makes the attack on the currency a wild one and very unpredictable. I am only just showing the chart and am advising anyone to stay out of this one. DO NOT TRADE IT.
Technically it is overdone, but fundamentally we can go beyond things we never have imagined. OIL is a clear example going negative for example.
The range of USDRUB can be $ 100-200 and direction is UP BIG TIME, but with quick corrections in between. One could see a move back to $ 100 and go $ 180 after. who knows... for me I wish for the war to stop and let people live a peaceful life.
More than 100 rubles for 1 dollar6 year rising triangle imo started to play out a year ago. It already exited the pattern.
104 rubles is a humble anticipation.
The move will be strong, powerful.
USDRUBUSDRUB GOING TO 160 minimum and higher soon, russians will not turn against their government and because of that the roebel will go minimum 160 or higher in the next phase
USDRUB worst case scenarioif you haven`t read my first article when i expected the 86 level to be reached after the Russian ruble was no longer aligned to Crude Oil price:
or the 95 target after the Ukraine invasion:
this time i expect, considering all the sanctions and the fact that exchanges are selling USD in Russia for a price at least 30% higher than the forex market; i even saw a picture where 1 usd was selling for 250 RUB, then my prediction in 150 this time, or the dollar to be 2X stronger than it was at the beginning of this was.
Looking forward to read your opinion about it.
is it true that the US Dollar is already trading so high at the exchanges?
Is Bitcoin a safe haven in these times of uncertainty?
USDRUB-NEUTRAL upside biasThe USDRUB went above $ 120 and as mentioned i felt it to be a SELL between 110-120 for a move back to $ 95.
This is purely a technical view only, and is just to depict a currency pair, but noting I am not advising one should trade in it, after all, it has to do with a horrible crisis.
However, viewing the technical side, maybe helps to see the conditions that may be reduced hopefully, and one day this terrible demise in Ukraine will stop.
Going back to the drawing board. Now I am seeing the pair as neutral, and it has corrected a bit. Depending to the further developments, we may see very much higher levels for this pair in particular, as the sanctions and lack of USD possible movements may impair the economic situation, and certainly I hope that will be the case to stop this terrible event.
Bearish Trend Identified - LearningThis is a trend analysis for learning purpose with support resistance and trend indication
RUB what next?Not legal and financial advice;
Any information provided here is only the personal opinion of the author.
USDRUB-SELL ++ with careI am not saying follow this idea, because we do not know when things will change dramatically.
Technically speaking we are way over the border, and we should retrace back to $ 95 at least. So a sell @ 110-120 etc seems the way to go.
The fundamental side... hmmmmm... do not touch it... but ok its great to look at the chart and movement. It's clearly overdone until it does not exist... or major event change it... if a sudden cease fire or troop movement withdrawal Russians... the currency pair will decline sharply...so carefully either side of the fence...
my advise stay out of it :)
USDRUBAs we see the last day closing was 83.900 so analyzing it seems a bit downtrend of next day.
Resistance 90.200
Support 74
--Sell Short--
Entry: 83.900
SL 86.223
Exit 81.492
USDRUB longSeems by total analysis we getting easy 140 and today a good entry as day a green and candle looks as long-trigger
Russian Ruble vs USD in the last occupationsRussian Ruble vs USD in the last occupations. The ruble never recovered after that.
USD/RUBUSD/RUB - Les conséquences du conflit Russo-Ukrainien et l'envoler du de la paire USD/RUB après les événements de 23 Février 2022.
usdrub will go to 500 predictive monitoring : with current russian situation rub will continue to dump
Russian Ruble weekly chartRussian ruble weekly chart. Free fall since 1997 I can't find the way to even count a possible Elliott Wave pattern. Just sayin'
