Londinia Opportunities Analyses - 01/26/2023 (GMT) USD/RUB - 1H

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 : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 68.8667 RUB

My targets

70.1112 RUB (+0.7112)

70.8917 RUB (+1.4917)

My analysis

USD/RUB is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 68.8667 RUB. The next resistance located at 70.1112 RUB is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 70.8917 RUB. After this resistance, buyers could then target 71.6125 RUB. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

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

USD/RUB rating 69.4000 RUB. On the day, this instrument gained +0.25% and was between 68.3250 RUB and 70.4750 RUB. This implies that the price is at +1.57% from its lowest and at -1.53% from its highest.

68.3250

70.4750

69.4000

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:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 1H of this USD/RUB chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

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:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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 : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	65.9611	67.9168	68.8667	69.4000	70.1112	70.8917	71.6125
Change (%)	-4.96%	-2.14%	-0.77%	-	+1.02%	+2.15%	+3.19%
Change	-3.4389	-1.4832	-0.5333	-	+0.7112	+1.4917	+2.2125
Level	Major	Minor	Intermediate	-	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
Standard	65.7633	66.7467	67.9883	68.9717	70.2133	71.1967	72.4383
Camarilla	68.6181	68.8221	69.0260	69.2300	69.4340	69.6379	69.8419
Woodie	65.8925	66.8113	68.1175	69.0363	70.3425	71.2613	72.5675
Fibonacci	66.7467	67.5966	68.1217	68.9717	69.8216	70.3467	71.1967

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	63.2052	64.7634	67.5337	69.0919	71.8622	73.4204	76.1907
Camarilla	69.1138	69.5105	69.9073	70.3041	70.7009	71.0977	71.4944
Woodie	63.8114	65.0664	68.1399	69.3949	72.4684	73.7234	76.7969
Fibonacci	64.7634	66.4169	67.4384	69.0919	70.7454	71.7669	73.4204

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	46.7500	53.6500	63.7000	70.6000	80.6500	87.5500	97.6000
Camarilla	69.0888	70.6425	72.1963	73.7500	75.3038	76.8575	78.4113
Woodie	48.3250	54.4375	65.2750	71.3875	82.2250	88.3375	99.1750
Fibonacci	53.6500	60.1249	64.1251	70.6000	77.0749	81.0751	87.5500

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):	55.57
MACD (12,26,9):	0.0530
Directional Movement:	8.5948
AROON (14):	21.4285
DEMA (21):	69.3499
Parabolic SAR (0,02-0,02-0,2):	68.1055
Elder Ray (13):	0.1199
Super Trend (3,10):	68.5241
Zig ZAG (10):	69.4000
VORTEX (21):	1.0067
Stochastique (14,3,5):	61.45
TEMA (21):	69.3588
Williams %R (14):	-39.16
Chande Momentum Oscillator (20):	0.1700
Repulse (5,40,3):	-0.1232
ROCnROLL:	1
TRIX (15,9):	0.0115
Courbe Coppock:	0.15

MA7:	69.5481
MA20:	70.5431
MA50:	66.6869
MA100:	64.0110
MAexp7:	69.3316
MAexp20:	69.2780
MAexp50:	69.1903
MAexp100:	69.1719
Price / MA7:	-0.21%
Price / MA20:	-1.62%
Price / MA50:	+4.07%
Price / MA100:	+8.42%
Price / MAexp7:	+0.10%
Price / MAexp20:	+0.18%
Price / MAexp50:	+0.30%
Price / MAexp100:	+0.33%

Quotes : - Real time data - Forex

News

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