fbTechnische Analyse &RUBJPY | Preparing for publication of inflation data in Tokyo | IFCM Germany

Technische Analyse &RUBJPY : 2020-11-25

Recommendation Rubel gegen Yen:

Buy
Stark Zu VerkaufenSellNeutralBuyStrong Buy

Above 1,384

Buy Stop

Below 1,294

Stop Loss

Expert Avatar
Senior Analytical Expert
Artikel 1675
IndicatorVALUESignal
RSI Buy
MACD Buy
MA(200) Neutral
Fractals Neutral
Parabolic SAR Buy
Bollinger Bands Neutral

Chart Analysis

IFC Markets Tech Analysis

On the daily timeframe, RUBJPY: D1 approached the downtrend resistance line. It must be broken upward before opening a position. A number of technical analysis indicators formed signals for further growth. We do not rule out a bullish move if RUBJPY rises above the last high: 1.384. This level can be used as an entry point. We can set a stop loss below the Parabolic signal, the lower Bollinger band and all-time low: 1.294. After opening a pending order, we can move the stop loss to the next fractal low following the Bollinger and Parabolic signals. Thus, we change the potential profit/loss ratio in our favor. After the transaction, the most risk-averse traders can switch to the 4-hour chart and set a stop loss, moving it in the direction of the bias. If the price meets the stop loss (1.294) without activating the order (1.384), it is recommended to delete the order: some internal changes in the market have not been taken into account.

Fundamentale Analyse

In this review, we propose to consider the RUBJPY personal composite instrument (PCI). It reflects the price dynamics of the Russian ruble against the Japanese yen. Will the RUBJPY quotes continue to increase?

The upward movement reflects the strengthening of the Russian ruble and the weakening of the yen. The ruble may strengthen amidst rising oil prices. Hydrocarbons account for approximately 70% of Russian exports. The yen may begin weakening against the background of the introduction of a coronavirus vaccine, since investors previously considered it a "safe have" currency. The Bank of Russia rate is 4.25% with 3.8% inflation in October, in annual terms. The Bank of Japan rate is -0.1% with October inflation of -0.4%, in annual terms. On November 27, Japan will release Tokyo inflation data for November, which may affect the dynamics of the yen. Russia’s trade surplus in September was $10 billion, and Japan’s - $6.3 billion (US dollar terms).

Trading signals with a probability of 80% by Autochartist

  • Easy to use
  • Fully automatic
  • Wide range of analytics

The best trading conditions and high-level services for our clients

We are ready to assist you on any issue 24 hours a day.

Hinweis:
Diese Übersicht hat einen informativen und Tutorencharakter und wird kostenlos veröffentlicht. Alle Daten, die in dieser Übersicht eingeschlossen sind, sind von mehr oder weniger zuverlässigen öffentlichen Quellen erhalten. Außerdem gibt es keine Garantie, dass die angezeigte Information voll und genau ist. Die Übersichten werden nicht aktualisiert. Die ganze Information in jeder Übersicht, einschließlich Meinungen, Hinweise, Charts und alles andere, werden nur für Vertrautmachen veröffentlicht und sind keine Finanzberatung oder Empfehlung. Der ganze Text und sein jeder Teil sowie die Charts können nicht als ein Geschäftsangebot betrachtet werden. Unter keinen Umständen sind IFC Markets und seine Angestellten für die Handlungen, die von jemand anderem während oder nach dem Lesen der Übersicht genommen werden, verantwortlich.