USD/RUB

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	USDRUB
ISIN:

USD/RUB - Daily - Technical analysis published on 05/31/2023 (GMT)

Timeframe : Daily
- Analysis generated on
Status : CANCELLED

Download a full-size picture

USD/RUB Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

44%

11%

44%

My opinion

Bullish above 74.5266 RUB

My targets

77.6250 RUB (+0.8000)

78.4417 RUB (+1.6167)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on USD/RUB as long as the price remains well above 74.5266 RUB. The buyers' bullish objective is set at 77.6250 RUB. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 78.4417 RUB. If there is any crossing, the next objective would be the resistance located at 81.6570 RUB. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.1

Comment on the analysis

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 Londinia.

Additional analysis

Quotes

The USD/RUB rating is 76.8250 RUB. On the day, this instrument lost -0.16% with the lowest point at 76.4750 RUB and the highest point at 79.0875 RUB. The deviation from the price is +0.46% for the low point and -2.86% for the high point.

76.4750

79.0875

76.8250

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of USD/RUB in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	65.9333	70.1112	74.5266	76.8250	77.6250	81.6570	133.1680
Change (%)	-14.18%	-8.74%	-2.99%	-	+1.04%	+6.29%	+73.34%
Change	-10.8917	-6.7138	-2.2984	-	+0.8000	+4.8320	+56.3430
Level	Intermediate	Major	Intermediate	-	Major	Major	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	73.8384	74.5353	75.7427	76.4396	77.6470	78.3439	79.5513
Camarilla	76.4263	76.6009	76.7754	76.9500	77.1246	77.2991	77.4737
Woodie	74.0936	74.6629	75.9979	76.5672	77.9022	78.4715	79.8065
Fibonacci	74.5353	75.2628	75.7122	76.4396	77.1671	77.6165	78.3439

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	67.0562	70.4637	73.5601	76.9676	80.0640	83.4715	86.5679
Camarilla	74.8680	75.4642	76.0604	76.6566	77.2528	77.8490	78.4452
Woodie	66.9008	70.3859	73.4047	76.8898	79.9086	83.3937	86.4125
Fibonacci	70.4637	72.9482	74.4831	76.9676	79.4521	80.9870	83.4715

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	61.2917	64.6833	69.8667	73.2583	78.4417	81.8333	87.0167
Camarilla	72.6919	73.4779	74.2640	75.0500	75.8360	76.6221	77.4081
Woodie	62.1875	65.1313	70.7625	73.7063	79.3375	82.2813	87.9125
Fibonacci	64.6833	67.9590	69.9827	73.2583	76.5340	78.5577	81.8333

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):	57.59
MACD (12,26,9):	0.7861
Directional Movement:	7.0482
AROON (14):	42.8571
DEMA (21):	77.2449
Parabolic SAR (0,02-0,02-0,2):	73.8711
Elder Ray (13):	1.3048
Super Trend (3,10):	68.1312
Zig ZAG (10):	76.8250
VORTEX (21):	1.0483
Stochastique (14,3,5):	52.98
TEMA (21):	76.9857
Williams %R (14):	-46.83
Chande Momentum Oscillator (20):	0.9250
Repulse (5,40,3):	-0.0215
ROCnROLL:	1
TRIX (15,9):	0.1711
Courbe Coppock:	3.34

MA7:	76.7474
MA20:	76.1740
MA50:	73.9286
MA100:	69.7533
MAexp7:	76.7059
MAexp20:	76.1078
MAexp50:	74.0497
MAexp100:	71.3493
Price / MA7:	+0.10%
Price / MA20:	+0.85%
Price / MA50:	+3.92%
Price / MA100:	+10.14%
Price / MAexp7:	+0.16%
Price / MAexp20:	+0.94%
Price / MAexp50:	+3.75%
Price / MAexp100:	+7.67%

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

Londinia AI

Online

Overall rating :

15112

Number of analyses :

73126

Followers :

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…