Ruble to Hit the Level of 78 Soon

Good day,
Since last Friday the price of the Russian ruble is approaching the level of 77. It seems that the price of USD/RUB will hit the level of 78.00 and then gradually drop.

Brent oil is likely to pull back from the resistance at the level of 86.70. The asset is quite close to this level already. Should oil manage to break this level, it might jump quite far, therefore, it is worth observing what is going to happen next.

The price of the British pound broke the downtrend. Currently, the asset is pulling back to this downtrend and broken psychological level of 1.3600. The British pound is likely to pull back from the broken daily downtrend anytime soon.

Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.
Past performance is not indicative of future results.
High Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% and 72% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd and Tickmill Europe Ltd respectively. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Futures and Options: Trading futures and options on margin carries a high degree of risk and may result in losses exceeding your initial investment. These products are not suitable for all investors. Ensure you fully understand the risks and take appropriate care to manage your risk.