Dollar Ruble forecast USD/RUB on July 31 — August 4, 2017


Currency pair USD/RUB Russian/Ruble completes the trading week at the level of 59.44. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair US Dollar/Russian Ruble. Ichimoku Kinko Hyo Cloud near the level of 58.80 is expected to be tested, from which it is expected to try to grow and further develop the bullish trend near the level of 61.30.

Dollar Ruble forecast USD/RUB on July 31 — August 4, 2017

Dollar Ruble forecast USD/RUB on July 31 — August 4, 2017

Earlier, a weak signal was generated for the sale of the pair US Dollar to Russian Ruble, due to the crossing of the signal lines at the level of 59.53. The cancellation of the growth of the quotes of the pair will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of ​​58.10, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations USD/RUB stands with the breakdown of the local maximum area at the level of 60.80.


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