RUBLE/ROUBLE troubles

23 Nis 2018

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:

2 May 2018

Not

LONGTERM RUBLE OUTLOOK:

3 May 2018

Not

A closer look into current developments

11 Ağu 2018

Not

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.

14 Ağu 2018

Not

might be time for a consolidation