Yuan vs Ruble Analisis teknis | Yuan vs Ruble Jual beli: 2020-10-27 | IFCM Indonesia
IFC Markets - Perdagangan Mata Uang Forex

Yuan vs Ruble Analisis teknis - Yuan vs Ruble Jual beli: 2020-10-27

Yuan vs Ruble Technical Analysis Summary

Accelerometer arrow
Kuat JualSellNeutralBuyKuat Beli

Bawah 11,36

Sell Stop

Atas 11,71

Stop Loss

Mary Wild
Senior Analytical Expert
Artikel 2058
IndicatorSignal
RSI Neutral
MACD Sell
MA(200) Neutral
Fractals Sell
Parabolic SAR Sell
Bollinger Bands Neutral

Yuan vs Ruble Chart Analysis

Yuan vs Ruble Chart Analysis

Yuan vs Ruble Analisis Teknis

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.

Fundamental Analysis PCI - Yuan vs Ruble

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.

IFCM Trading Academy - New era in Forex education
Pass Your Course:
  • Get Certificate
trading academy

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

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

Perhatian:
Tinjauan ini memiliki karakter informatif dan tutorial dan dipublikasikan secara gratis. Semua data, termasuk dalam Tinjauan, diterima dari sumber publik, diakui kurang lebih dapat diandalkan. Apalagi, tidak ada jaminan bahwa informasi yang ditunjukkan penuh dan tepat. tinjauan tidak diperbarui. Keseluruhan informasi dalam setiap tinjauan, termasuk pendapat, indikator, grafik dan hal lainnya, disediakan hanya untuk tujuan pengenalan dan bukan saran keuangan atau rekomendasi. Seluruh teks dan bagiannya, serta grafik tidak dapat dianggap sebagai tawaran untuk membuat kesepakatan dengan aset apa pun. Pasar IFC dan karyawannya dalam kondisi apapun tidak bertanggung jawab atas tindakan yang dilakukan oleh orang lain selama atau setelah membaca tinjauan.

Close support
Call to Skype Call to messenger Call to telegram Call to WhatsApp Call Back