Londinia Opportunities Analyses - 06/24/2022 (GMT) USD/RUB - Daily

Type:	Forex
Ticker:	USDRUB
ISIN:

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

FX/Indices
Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

72%

17%

My opinion

Bearish under 55.7310 RUB

My targets

53.9467 RUB (-0.9363)

53.0415 RUB (-1.8415)

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 55.7310 RUB. The next support located at 53.9467 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 53.0415 RUB. Below this support, sellers could then target 49.2162 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 confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

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 USD/RUB price is 54.8830 RUB. On the day, this instrument lost -2.11% and was between 53.7802 RUB and 56.8872 RUB. This implies that the price is at +2.05% from its lowest and at -3.52% from its highest.

53.7802

56.8872

54.8830

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

The study of the highest / lowest by the Central Records scanner shows the following results:

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

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

An assessment of technical indicators shows a strong bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	33.5957	49.2162	54.8830	55.7310	60.9918	69.4927
Change (%)	-38.79%	-10.33%	-	+1.55%	+11.13%	+26.62%
Change	-21.2873	-5.6668	-	+0.8480	+6.1088	+14.6097
Level	Minor	Minor	-	Major	Major	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	52.2144	53.1472	54.6076	55.5404	57.0008	57.9336	59.3940
Camarilla	55.4098	55.6292	55.8485	56.0679	56.2873	56.5067	56.7260
Woodie	52.4781	53.2791	54.8713	55.6723	57.2645	58.0655	59.6577
Fibonacci	53.1472	54.0614	54.6262	55.5404	56.4546	57.0194	57.9336

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	50.0826	53.0415	58.9572	61.9161	67.8318	70.7907	76.7064
Camarilla	62.4323	63.2458	64.0593	64.8728	65.6863	66.4998	67.3133
Woodie	51.5609	53.7807	60.4355	62.6553	69.3101	71.5299	78.1847
Fibonacci	53.0415	56.4316	58.5260	61.9161	65.3062	67.4006	70.7907

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	32.7460	44.3105	53.9467	65.5112	75.1474	86.7119	96.3481
Camarilla	57.7527	59.6961	61.6395	63.5829	65.5263	67.4697	69.4131
Woodie	31.7819	43.8284	52.9826	65.0291	74.1833	86.2298	95.3840
Fibonacci	44.3105	52.4092	57.4125	65.5112	73.6099	78.6132	86.7119

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):	36.95
MACD (12,26,9):	-3.3566
Directional Movement:	-1.5606
AROON (14):	-78.5714
DEMA (21):	56.1412
Parabolic SAR (0,02-0,02-0,2):	64.7319
Elder Ray (13):	-3.6718
Super Trend (3,10):	70.7201
Zig ZAG (10):	54.8827
VORTEX (21):	0.8715
Stochastique (14,3,5):	22.61
TEMA (21):	56.4918
Williams %R (14):	-84.22
Chande Momentum Oscillator (20):	-7.6983
Repulse (5,40,3):	1.8074
ROCnROLL:	2
TRIX (15,9):	-0.6513
Courbe Coppock:	21.23

MA7:	57.9785
MA20:	61.2027
MA50:	67.3694
MA100:	80.4713
MAexp7:	57.3316
MAexp20:	60.6543
MAexp50:	67.6002
MAexp100:	73.4850
Price / MA7:	-5.34%
Price / MA20:	-10.33%
Price / MA50:	-18.53%
Price / MA100:	-31.80%
Price / MAexp7:	-4.27%
Price / MAexp20:	-9.52%
Price / MAexp50:	-18.81%
Price / MAexp100:	-25.31%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on USD/RUB. At the time of publication of this analysis, the latest news was as follows: