Community Blog

Filtered by tags:  Ruble
Avatar

USD/RUB it s very interesting trading idea in COT


good morning duka traders
here is very interesting idea to make your bullish marker in RUB beause as we see here is some change in buyers and sellers accoding the change in number
i m in to SELL USD/RUB
have a nice day from cairo
Read full story
Translate to English Show original
orto leave comments
Avatar

Russia Forex Reserves: Down Another Week

Based on weekly data for the week of March 13, 2015, Russian Central Bank forex reserves fell to USD351.7 billion, down USD5 billion on previous week. The reserves are now down 28.7% (USD141.5 billion) y/y. Compared to the same week a month ago, the reserves are down 4.5% (USD16.6 billion).
The rate of weekly changes in reserves (USD5 billion) is slower than in the week of March 6th (USD6.3 billion) but well ahead the 3mo average weekly decline (USD4.61 billion) and 6mo average (USD3.57 billion…
Read full story
Translate to English Show original
driven avatar
driven 22 Mar.

I like your handle :) What do think the longer-term outlook is here?

1darkmatter1 avatar

Thanks driven! what time frame are you looking at? In 2016, the Russian Ruble is expected to increase to 60.00 . In the long-term, the Russian Ruble is projected to trend around 50.00, 34.81 and 38.33 in the years of 2020, 2030 and 2050 respectively, using autoregressive integrated moving average (ARIMA) model calibrated using analysts expectations.

orto leave comments
Avatar

How I Made $200 Betting against the Russian Central Bank

Hey everyone, check out my article CLICK HERE> ''How I Made $200 Betting against the Russian Central Bank''.
Read full story
Translate to English Show original
orto leave comments
Avatar

Consolidation with bearish tilt

Currency Pair:Usd/Jpy
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 119.48
Trend: very strong uptrend
Possible trading range:115-121.80
Signals: At the first glance on the monthly chart it's seems that the upward move has reached its peak at around 121.80 and from this point a massive head and shoulders pattern can take shape only if the price decides to make a much serious pullback towards 113.
Fundamentals: The recent BOJ's stimulus will keep alive the bullish out…
Read full story
Translate to English Show original
marius24 avatar
marius24 26 Jan.

update: Current price - 118.40 and the outlook in my view remians bearish due to a much-awaited downward correction in the usd index. Any bullish force is quite limited at this stage both technically and fundamentally

marius24 avatar
marius24 30 Jan.

update: Current price - 117.45.I was quite right saying that the upside looked limited at this stage (below 119) given the fundamentals which point towards even more downside correction.  Hope the price will remain in the current rangebound on Monday. IT's unlikely.

marius24 avatar
marius24 2 Feb.

update: THe price has stopped at 117.616 which means 5,4 pips distance from my target situated higher at 117.67. IT's a good forecast.

marius24 avatar
marius24 2 Feb.

update: 5,4 pips in relative terms means a deviation of 4,6% from my target. It,s worth to mention that usd/jpy has opened with a very large gap lower at 117.06 and went even lower at 116.96  mainly on the back of poor data coming out of China. DUring the day the bulls managed to recover all the lost ground.

Durden avatar
Durden 1 Mar.

good job

orto leave comments
Avatar

Russian Ruble to Gain Back Some Ground

It' been a tough year for the Russian Ruble. The currency has lost almost 50% of its value against the US Dollar. Russia's invasion of Ukraine triggered western sanctions on its oil and banking sectors. But most importantly, oil fell by 1/3 this year. Over 50% of Russian budget is filled by oil&gas revenue. November was espeically bad with the Ruble losing 16 percent and the move going parabolic.
Such parabolic moves usually indicate that a top may be near. I expect oil prices to stabilize in De…
Read full story
Translate to English Show original
orto leave comments
Avatar

RUBle's last impulse

Hello everyone!
The fundamental reason of russian ruble's weakening is foreign currency supply decline in Russia. That has two roots. The first on is that russian banks cannot borrow money (usd, euro) from western banks becuse of Ukraine-related sanctions, and the second is crude oil price falling.
If the second one could be improved by market, the only way to fix first troube is to return Crimea and go away from eastern Ukraine. I don't think that Putin will do it, so USDRUB is very bulish on l…
Read full story
Translate to English Show original
orto leave comments
Avatar

Russian Ruble Selloff to Continue

Investors sold the Russian Ruble on Friday after yet another military escalation by Russia in Ukraine. The currency pair hit a post-1998 high of 37.20 but the losses got trimmed during the end of trading.
I expect the rally in the USD/RUB to continue. The EU has given Russia a 1 week deadline to reverse course or face new sanctions. While I think that the Russian central bank will step in to stop the losses at some point, I don't think they can ultimately stop the Ruble from depreciating. On Mar…
Read full story
Translate to English Show original
orto leave comments
Avatar

RUBLE: In Danger Zone

The Russian Central Bank holds steady with all his might against a decline in the Ruble. The Russian currency is still in danger, experts say. The Euro stabilizes after a roller coaster ride to the start of the week.
In order to support the ailing ruble, Russia has separated itself from foreign currencies valued at 11.3 billion U.S. dollars (8.2 billion euros). The record amount was sold on Monday to buy rubles as the Russian Central Bank published. Due to the Russian military intervention in Cr
Read full story
Translate to English Show original
PPandM avatar
PPandM 6 Mar.

Register, please! It's the next step, whether you trade or not! Even if it's just for testing at the beginning! Do it! :)

Convallium avatar

ok. my dear friend now I going to register! YOU CONVINCED ME!

Convallium avatar

oH, iT show me that I can register only on 25 th of March!

PPandM avatar
PPandM 6 Mar.

Lovely!!! Me happy, happy, happy now!!! More women power in the contest! Great! :)

Convallium avatar

wait me my dear till 25 th of March! for now give me please information, where I can to learn more about forex trading?

orto leave comments
Avatar

RUBLE: record low

Russia's central bank has made tentative hints that it wants to reduce intervention in exchange rates - the Russian currency is under pressure. Compared to the Euro and the Dollar the Ruble falls to a record low. The prospect of reducing the support purchases by the Russian central bank has pushed the currency to a record low on Wednesday.
The central bank wants to reduce the volume of its daily operations by $ 100 million.
The ruble exchange rate may vary when compared to a basket of eu
Read full story
Translate to English Show original
orto leave comments
Avatar

Paradox: in the country stabilization, and at ruble – devaluation

The government never will tell that prepares devaluation of ruble or that devaluation already began. However the experts observing how from the second half of May the dollar and euro quickly grow, consider that devaluation goes. Today falling of national currency proceeded, and the dollar reached level 32,4, and euro – 42,98. For decrease in a course the Central Bank and should do nothing: it is rather simple not to interfere with the auction on MICEX and not to throw out on them revenue of expo…
Read full story
Translate to English Show original
Nadin5794 avatar
Nadin5794 17 June

provocative article you don't find? generally anti-Putin promotion in the West, but Russians with own hand is already clear... what for? tell than the seasonal devaluation of ruble differs from last year's, from a devaluation 2011? ?

alltrade avatar
alltrade 17 June

All governments always devalue the currencies they can control because it's profitable for them, some governments devalue at a slower rate some of the times & at a faster rate at other times but the devaluation is always occurring & those who hold on to the currency (instead of putting their savings in real assets) are robbed of their purchasing-power without realizing it. Monetary expansion & the resulting inflation is probably the most sophisticated form of robbery that governments around the world engage in.

orto leave comments
More