USD/RUB
USD RUB
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: USDRUB
ISIN:

USD/RUB - 1H - Technical analysis published on 07/15/2022 (GMT)

  • 217
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Download a full-size picture

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 59.8036 RUB
My targets
56.2923 RUB (-2.6536)
55.7310 RUB (-3.2149)
My analysis
USD/RUB is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 59.8036 RUB. The next support located at 56.2923 RUB is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 55.7310 RUB. Below this support, sellers could then target 53.7302 RUB. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by finacian.

Additional analysis

Quotes

The USD/RUB price is 58.9459 RUB. The price registered a decrease of -7.99% on the session and was traded between 58.6604 RUB and 64.9775 RUB over the period. The price is currently at +0.49% from its lowest and -9.28% from its highest.

58.6604
64.9775
58.9459

Here is a more detailed summary of the historical variations registered by USD/RUB:

Technical


Technical analysis of this 1H chart of USD/RUB indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 49.2162 53.7302 55.7310 58.9459 60.9918 63.8375 67.3011
Change (%) -16.51% -8.85% -5.45% - +3.47% +8.30% +14.17%
Change -9.7297 -5.2157 -3.2149 - +2.0459 +4.8916 +8.3552
Level Intermediate Minor Major - Major Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard54.961857.344960.703763.086866.445668.828772.1875
Camarilla62.483563.009863.536264.062564.588865.115265.6415
Woodie55.449757.588861.191663.330766.933569.072672.6754
Fibonacci57.344959.538360.893463.086865.280266.635368.8287


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard56.292359.803662.262065.773368.231771.743074.2014
Camarilla63.078863.626164.173364.720565.267765.815066.3622
Woodie55.766059.540461.735765.510167.705471.479873.6751
Fibonacci59.803662.084063.492865.773368.053769.462571.7430


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard31.750841.539347.682357.470863.613873.402379.5453
Camarilla49.444050.904452.364853.825255.285656.746058.2064
Woodie29.928040.627945.859556.559461.791072.490977.7225
Fibonacci41.539347.625251.385057.470863.556767.316573.4023

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 35.68
MACD (12,26,9): -0.7531
Directional Movement: -10.1719
AROON (14): -92.8571
DEMA (21): 60.7032
Parabolic SAR (0,02-0,02-0,2): 63.7254
Elder Ray (13): -1.9984
Super Trend (3,10): 61.9637
Zig ZAG (10): 58.9456
VORTEX (21): 0.9593
Stochastique (14,3,5): 3.26
TEMA (21): 59.8983
Williams %R (14): -95.49
Chande Momentum Oscillator (20): -5.1166
Repulse (5,40,3): -1.8963
ROCnROLL: 2
TRIX (15,9): -0.0194
Courbe Coppock: 10.42
MA7: 63.7252
MA20: 60.2459
MA50: 63.4827
MA100: 78.9162
MAexp7: 60.0380
MAexp20: 61.6634
MAexp50: 61.9019
MAexp100: 61.7876
Price / MA7: -7.50%
Price / MA20: -2.16%
Price / MA50: -7.15%
Price / MA100: -25.31%
Price / MAexp7: -1.82%
Price / MAexp20: -4.41%
Price / MAexp50: -4.78%
Price / MAexp100: -4.60%

Quotes : - Real time data - Forex

News


The latest news and videos published on USD/RUB at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15764
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis USD/RUB - 1H