USD/RUB -
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thread: USD/RUB

  1. #21
    As I compose Oil has proceeded approximately 8% but USD/RUB has lost about 1.5 rubles. We need to remember here that both markets are greatly manipulated and lots of factors can affect them. As an example, now the Russian CB may be front-running the situation by selling rubles to maintain equilibrium on the market in case of sharp appreciation of the ruble over the previous day of November. The fair value by some standards of USD/RUB stands under 61 at this moment however that doesnt mean that we may see 61 any time soon. The problem with OPEC is unclear and I am considering closing the entire position benefiting from today's move and reopen it when this assembly is finished. The reason is that since the market has moved my manner so well I would rather trade the rumor and forget that the news.

  2. #22
    quote I agree with you that Trump should be bad for dollar although he says allows make america great again because govt spending will increase and will take the USD. So yes great times ahead for USD transactions. I need to clarify 1 point that perhaps wasn't apparent. As Dr.Phoenix said we could certainly see 67, just 67.15-67.21 but this would be for me that top range of expectations. In reality only above the current degree at 66.38 we've got the 200 DMA which should be a rather powerful resistance and I will short another 1/5 of the place in this...
    According to above proposal I Had 1/5 more in the 200 DMA that's 66.30 today.

  3. #23
    quote I concur to your first part . But I am not sure we have seen the ending of this short term. I'll wait some confirmation . At the time between I shall live with some pain And out of your previous post. Yes low leverage is essential to get USDRUB trading. Yesterday USDX tested. Can you do a new try next week. Term: it should not be any big issue. Trump will devote a lot of money inside the US , Oil prices will acquire fantastic times ( Trump is not really positive to alternative clean energy ) . The debts will be increased by US . So we are able to get some fun...
    I concur with you that Trump ought to be bad for dollar although he says lets make america good again since govt spending will increase and will shoot the USD. So yes good times ahead for USD short transactions.

    I need to clarify one point that perhaps was not apparent. As Dr.Phoenix stated we can certainly see 67, precisely 67.15-67.21 but this could be for me that upper range of expectations. In fact only above the current degree at 66.38 we've got the 200 DMA that ought to be a rather strong resistance and I shall short another 1/5 of the position at this level. Hopefully this will spike at this level so we could short and then drop.

  4. #24
    Junior Member Gduard's Avatar
    26
    The authorities did not depreciate its currency. In fact because Trump became President it allowed its currency to appreciate from over 6.83 to about 6.27

  5. #25
    Monday morning began in Washington with Donald Trump's tweet that Russia and China are playing a game called Currency devaluation, although the US continues to increase interest rates.
    This announcement by the President of the United States is obviously contrary to the place of the us Treasury, which is published on Friday from the report about the macroeconomic and financial egy of the largest trading partners of the United States failed to call neither Russia nor China currency manipulators. Even more strange is Russia's accusation of manipulation of the exchange rate against the background of the truth that from the previous two decades the dollar to the ruble has steadily declined, and its recent rise was triggered by the imposition of sanctions.

  6. #26
    Junior Member Oxrctt's Avatar
    19
    Buy Cease

  7. #27
    Junior Member Rambokavo1's Avatar
    14
    Ok, finally we upcoming resistance zone 55-57. All good now prepared to go.

  8. #28

  9. #29
    Junior Member Rambokavo1's Avatar
    14

  10. #30
    Junior Member Rambokavo1's Avatar
    14

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