USD/RUB - Daily - Technical analysis published on 09/25/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
USD/RUB Chart
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 60.8542 RUB
My targets
56.9583 RUB (-1.3417)
55.7310 RUB (-2.5690)
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 60.8542 RUB. The next support located at 56.9583 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 33.5957 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
7.1
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This analysis was given by Londinia.
Additional analysis
Quotes
USD/RUB rating 58.3000 RUB. On the day, this instrument lost -2.02% and was traded between 56.5000 RUB and 60.8750 RUB over the period. The price is currently at +3.19% from its lowest and -4.23% from its highest.56.5000
60.8750
58.3000
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of USD/RUB indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : Daily
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:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of triangle
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Three black crows
Type : Bearish
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 33.5957 | 55.7310 | 58.3000 | 62.8536 | 69.8633 | 81.6570 |
| Change (%) | -42.37% | -4.41% | - | +7.81% | +19.83% | +40.06% |
| Change | -24.7043 | -2.5690 | - | +4.5536 | +11.5633 | +23.3570 |
| Level | Minor | Major | - | Intermediate | Major | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 53.2417 | 55.6333 | 57.5667 | 59.9583 | 61.8917 | 64.2833 | 66.2167 |
| Camarilla | 58.3106 | 58.7071 | 59.1035 | 59.5000 | 59.8965 | 60.2929 | 60.6894 |
| Woodie | 53.0125 | 55.5188 | 57.3375 | 59.8438 | 61.6625 | 64.1688 | 65.9875 |
| Fibonacci | 55.6333 | 57.2855 | 58.3062 | 59.9583 | 61.6105 | 62.6312 | 64.2833 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 50.2065 | 54.0357 | 57.3766 | 61.2058 | 64.5467 | 68.3759 | 71.7168 |
| Camarilla | 58.7457 | 59.4030 | 60.0602 | 60.7175 | 61.3748 | 62.0320 | 62.6893 |
| Woodie | 49.9624 | 53.9136 | 57.1325 | 61.0837 | 64.3026 | 68.2538 | 71.4727 |
| Fibonacci | 54.0357 | 56.7747 | 58.4668 | 61.2058 | 63.9448 | 65.6369 | 68.3759 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.8958 | 53.7917 | 56.9583 | 60.8542 | 64.0208 | 67.9167 | 71.0833 |
| Camarilla | 58.1828 | 58.8302 | 59.4776 | 60.1250 | 60.7724 | 61.4198 | 62.0672 |
| Woodie | 49.5313 | 53.6094 | 56.5938 | 60.6719 | 63.6563 | 67.7344 | 70.7188 |
| Fibonacci | 53.7917 | 56.4895 | 58.1563 | 60.8542 | 63.5520 | 65.2188 | 67.9167 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 38.61 | |
| MACD (12,26,9): | -0.2952 | |
| Directional Movement: | 49.9039 | |
| AROON (14): | -28.5714 | |
| DEMA (21): | 60.3194 | |
| Parabolic SAR (0,02-0,02-0,2): | 127.7336 | |
| Elder Ray (13): | -1.7630 | |
| Super Trend (3,10): | 83.9262 | |
| Zig ZAG (10): | 58.3000 | |
| VORTEX (21): | 0.9869 | |
| Stochastique (14,3,5): | 2.58 | |
| TEMA (21): | 60.1735 | |
| Williams %R (14): | -97.62 | |
| Chande Momentum Oscillator (20): | -4.1850 | |
| Repulse (5,40,3): | -36.7744 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0074 | |
| Courbe Coppock: | 2.12 |
| MA7: | 60.4541 | |
| MA20: | 60.8084 | |
| MA50: | 60.8472 | |
| MA100: | 62.1847 | |
| MAexp7: | 60.0570 | |
| MAexp20: | 60.6163 | |
| MAexp50: | 61.4356 | |
| MAexp100: | 64.6067 | |
| Price / MA7: | -3.56% | |
| Price / MA20: | -4.13% | |
| Price / MA50: | -4.19% | |
| Price / MA100: | -6.25% | |
| Price / MAexp7: | -2.93% | |
| Price / MAexp20: | -3.82% | |
| Price / MAexp50: | -5.10% | |
| Price / MAexp100: | -9.76% |
Quotes :
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Real time data
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Forex
News
The last news published on USD/RUB at the time of the generation of this analysis was as follows:
-
USD/RUB Forecast May 6, 2020
-
USD/RUB Forecast April 24, 2020
-
USD/RUB Forecast April 17, 2020
-
Crude Oil & Trump USD/RUB
-
USD/RUB Hit By Low Oil Price
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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