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The ruble is a range, so a range!


Good day!

The Russian ruble tested the resistance at 75.00 and turned in the opposite direction towards the support area formed between the levels of 73.00-73.50. It is this support area that will be able to send quotes in the opposite direction:

The EUR / USD pair returned to the 1.1845 horizontal and formed a bear trap. The baseline scenario at the moment is a rise in prices towards the “psychological” horizontal 1.2000:

The ruble is a range, so a range!

The Australian dollar closed Friday with bullish engulfing, hitting support at 0.7475. Therefore, the basic scenario for the Australian is the growth of quotations at the market open:

The ruble is a range, so a range!

Oleg Svirgun,
analyst at Tickmill brokerage company
07/12/2021

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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