The rouble has seen weakness since the recent Syria debacle, and this weakness looks to continue longterm as shown below. But as for now, here is a shorter term outlook with a great risk/reward ratio trade.
Below is a rough longterm forecast/scenario:
Below is a rough longterm forecast/scenario:
Komentarz:
LONGTERM RUBLE OUTLOOK:
Komentarz:
A closer look into current developments
Komentarz:
upon inspecting the price action on the ruble index, we there are some hints that we may see some upside before the longer-term decline continues.
Komentarz:
might be time for a consolidation
might be time for a consolidation
