- Analisi
- Analisi Tecnica
Yuan/Rublo Analisi Tecnica - Yuan/Rublo Trading: 2020-10-27
Yuan/Rublo Technical Analysis Summary
Sotto 11,36
Sell Stop
Sopra 11,71
Stop Loss
| Indicator | Signal |
| RSI | Neutro |
| MACD | Sell |
| MA(200) | Neutro |
| Fractals | Sell |
| Parabolic SAR | Sell |
| Bollinger Bands | Neutro |
Yuan/Rublo Chart Analysis
Yuan/Rublo Analisi Tecnica
On the daily timeframe, CNHRUB: D1 broke down the uptrend support line and is trying to correct downward from the maximum since February 2016. A number of technical analysis indicators generated signals for further decline. We do not rule out a bearish movement if CNHRUB falls below its latest minimum: 11.35. This level can be used as an entry point. We can place a stop loss above the maximum since February 2016, the last high fractal and the Parabolic signal: 11.71. After opening a pending order, we move the stop loss to the next fractal maximum 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 (11.71) without activating the order (11.35), it is recommended to delete the order: some internal changes in the market have not taken been into account.
Analisi Fondamentale PCI - Yuan/Rublo
In this review, we propose to consider the "&CNHRUB" Personal Composite Instrument (PCI). It reflects the price dynamics of the Chinese yuan against the Russian ruble. Will the CNHRUB quotes continue to decrease?
The downward movement means the strengthening of the ruble and the weakening of the yuan. The Chinese currency was slightly lower amid the data on GDP growth for the 3rd quarter by 4.9% qoq, though it was expected to amount to 5.2%. Russian's current yield on 10-year government bonds is 6.2% (in rubles). In China, it is lower, at 3.2% (in yuan). Perhaps the dynamics of this PCI may depend on strengthening or softening of US sanctions against Russia or China after the US presidential election. In the meantime, Chinese authorities have expressed concern about the renminbi’s excessive rise to a 27-month maximum against the greenback. In theory, People’s Bank of China can take any steps to ease the monetary policy. The Bank of Russia, on the contrary, strives to support the ruble exchange rate. Since early 2020, it has already collapsed by almost a quarter amid falling world oil prices due to the coronavirus pandemic.
- Ottieni certificato
Note:
Questa panormaica è di carattere informativo-educativo e viene pubblicata gratuitamente. Tutti i dati compresi nella panoramica sono ottenuti da fonti pubbliche conosciute più o meno affidabili. Inoltre non c'è alcuna garanzia che le informazioni fornite siano precise e complete. Le panoramiche non vengono aggiornate. Tutta l'informazione in ciascuna panoramica, compresi indicatori, opinioni, grafici e o quant'altro, è fornita a scopo conoscitivo e non è un consiglio finanziario. Tutto il testo e qualsiasi delle sue parti, e anche i grafici non possono essere considerati un'offerta per effettuare un'operazione con un qualsiasi asset. IFC Markets e i suoi impiegati in alcun caso non sono responsabili per qualsiasi azione intrapresa sulla base delle informazioni contenute.
