Londinia Opportunities Analyses - 06/24/2022 (GMT) EUR/RUB - Daily
- FX/Indices
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 58.3380 RUB
My targets
55.4992 RUB (-1.9751)
52.3491 RUB (-5.1252)
My analysis
EUR/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 58.3380 RUB. The next support located at 55.4992 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 52.3491 RUB. Below this support, sellers could then target 50.8365 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.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
8
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.
Additional analysis
Quotes
The EUR/RUB price is 57.4743 RUB. On the day, this instrument lost -2.56% and was traded between 56.5774 RUB and 59.9307 RUB over the period. The price is currently at +1.59% from its lowest and -4.10% from its highest.56.5774
59.9307
57.4743
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Journalier of this EUR/RUB chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. 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
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 39.4840 | 50.8365 | 57.4743 | 59.5689 | 67.7751 | 77.7865 |
| Change (%) | -31.30% | -11.55% | - | +3.64% | +17.92% | +35.34% |
| Change | -17.9903 | -6.6378 | - | +2.0946 | +10.3008 | +20.3122 |
| Level | Minor | Minor | - | Major | 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 | 54.9899 | 55.9660 | 57.4747 | 58.4508 | 59.9595 | 60.9356 | 62.4443 |
| Camarilla | 58.3001 | 58.5279 | 58.7556 | 58.9834 | 59.2112 | 59.4390 | 59.6667 |
| Woodie | 55.2562 | 56.0992 | 57.7410 | 58.5840 | 60.2258 | 61.0688 | 62.7106 |
| Fibonacci | 55.9660 | 56.9152 | 57.5016 | 58.4508 | 59.4000 | 59.9864 | 60.9356 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.3491 | 55.4992 | 61.7916 | 64.9417 | 71.2341 | 74.3842 | 80.6766 |
| Camarilla | 65.4873 | 66.3529 | 67.2184 | 68.0840 | 68.9496 | 69.8151 | 70.6807 |
| Woodie | 53.9203 | 56.2848 | 63.3628 | 65.7273 | 72.8053 | 75.1698 | 82.2478 |
| Fibonacci | 55.4992 | 59.1062 | 61.3347 | 64.9417 | 68.5487 | 70.7772 | 74.3842 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.8932 | 48.3817 | 58.3380 | 69.8265 | 79.7828 | 91.2713 | 101.2276 |
| Camarilla | 62.3971 | 64.3629 | 66.3286 | 68.2944 | 70.2602 | 72.2260 | 74.1917 |
| Woodie | 36.1272 | 47.9987 | 57.5720 | 69.4435 | 79.0168 | 90.8883 | 100.4616 |
| Fibonacci | 48.3817 | 56.5736 | 61.6346 | 69.8265 | 78.0184 | 83.0794 | 91.2713 |
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): | 36.66 | |
| MACD (12,26,9): | -3.7959 | |
| Directional Movement: | -1.8426 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 58.9819 | |
| Parabolic SAR (0,02-0,02-0,2): | 65.2767 | |
| Elder Ray (13): | -3.9643 | |
| Super Trend (3,10): | 74.6736 | |
| Zig ZAG (10): | 57.4850 | |
| VORTEX (21): | 0.8638 | |
| Stochastique (14,3,5): | 20.47 | |
| TEMA (21): | 59.3760 | |
| Williams %R (14): | -87.47 | |
| Chande Momentum Oscillator (20): | -9.4961 | |
| Repulse (5,40,3): | 1.1592 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6920 | |
| Courbe Coppock: | 24.51 |
| MA7: | 61.0120 | |
| MA20: | 64.8595 | |
| MA50: | 71.4748 | |
| MA100: | 87.8037 | |
| MAexp7: | 60.3124 | |
| MAexp20: | 64.0969 | |
| MAexp50: | 72.1491 | |
| MAexp100: | 79.7620 | |
| Price / MA7: | -5.80% | |
| Price / MA20: | -11.39% | |
| Price / MA50: | -19.59% | |
| Price / MA100: | -34.54% | |
| Price / MAexp7: | -4.71% | |
| Price / MAexp20: | -10.33% | |
| Price / MAexp50: | -20.34% | |
| Price / MAexp100: | -27.94% |
Quotes :
-
Real time data
-
Forex
News
Don't forget to follow the news on EUR/RUB. At the time of publication of this analysis, the latest news was as follows:
EUR/RUB