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USD / RUB is falling, but all this is temporary!

Good day!

Gold approached the horizontal at 1767.00 and a short-term uptrend. Basic scenario – growth of the precious metal quotes, before the downtrend (red line):

The USD / RUB pair is actively developing the downward movement, but it will potentially be limited by the support at 72.00. Further breakdown of the horizontal is unlikely, so it seems logical that prices bounce up towards the 76th horizontal:

USD / RUB is falling, but all this is temporary!

The British currency continues to develop an upward movement and again rolls back to the broken downward channel. While the baseline scenario is a rebound of prices from the broken line up:
USD / RUB is falling, but all this is temporary!

Oleg Svirgun,
analyst at Tickmill brokerage company

Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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