EUR / RUB forecast and chart for January 15, 2021



Currency pair Euro Ruble EUR / RUB continues to move within the fall and the downtrend channel. Moving averages indicate a short-term bearish trend for the pair. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the European currency and a potential continuation of the fall from the current levels. At the time of publication of the forecast, the Euro to Russian Ruble rate is 89.45. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of ​​90.15 rubles per Euro. Then, the rebound and the continuation of the fall of the currency pair to the area below the level of 86.55.

EUR / RUB forecast and chart for January 15, 2021

An additional signal in favor of the fall of the EUR / RUB currency pair on Forex will be a test of the downward trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the ascending channel. Cancellation of the option to drop the EUR / RUB currency pair on Forex on January 15, 2021 will be a strong growth and a breakdown of the level of 92.55 Euro per Ruble. This will indicate a breakdown of the resistance area and a continued rise of the Euro / Ruble pair to an area above the level of 95.65. Confirmation of the fall in the currency pair will be the breakdown of the support area and the closing of the instrument quotes below 88.35.

Thus, EUR / RUB forecast and chart for January 15, 2021 imply an attempt to test the resistance level near the 90.15 area. Where can we expect a rebound and the continuation of the fall in the Euro against the Ruble with a target below 86.55. An additional signal in favor of reducing the pair will be a test of the trend line on the relative strength index (RSI). Cancellation of the fall option will be a breakdown of the resistance area and closing of quotations above the level of 92.55. In this case, we should expect a continuation of the rise with the target above the 95.65 area.

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Currency pair Euro Ruble EUR / RUB continues to move within the fall and the downtrend channel. Moving averages indicate a short-term bearish trend for the pair. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the European currency and a potential continuation of the fall from the current levels. At the time of publication of the forecast, the Euro to Russian Ruble rate is 89.45. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of ​​90.15 rubles per Euro. Then, the rebound and the continuation of the fall of the currency pair to the area below the level of 86.55.

EUR / RUB forecast and chart for January 15, 2021

An additional signal in favor of the fall of the EUR / RUB currency pair on Forex will be a test of the downward trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the ascending channel. Cancellation of the option to drop the EUR / RUB currency pair on Forex on January 15, 2021 will be a strong growth and a breakdown of the level of 92.55 Euro per Ruble. This will indicate a breakdown of the resistance area and a continued rise of the Euro / Ruble pair to an area above the level of 95.65. Confirmation of the fall in the currency pair will be the breakdown of the support area and the closing of the instrument quotes below 88.35.

EUR / RUB forecast and chart for January 15, 2021

Thus, EUR / RUB forecast and chart for January 15, 2021 imply an attempt to test the resistance level near the 90.15 area. Where can we expect a rebound and the continuation of the fall in the Euro against the Ruble with a target below 86.55. An additional signal in favor of reducing the pair will be a test of the trend line on the relative strength index (RSI). Cancellation of the fall option will be a breakdown of the resistance area and closing of quotations above the level of 92.55. In this case, we should expect a continuation of the rise with the target above the 95.65 area.

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Currency pair Euro Ruble EUR / RUB continues to move within the fall and the downtrend channel. Moving averages indicate a short-term bearish trend for the pair. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the European currency and a potential continuation of the fall from the current levels. At the time of publication of the forecast, the Euro to Russian Ruble rate is 89.45. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of ​​90.15 rubles per Euro. Then, the rebound and the continuation of the fall of the currency pair to the area below the level of 86.55.

EUR / RUB forecast and chart for January 15, 2021

An additional signal in favor of the fall of the EUR / RUB currency pair on Forex will be a test of the downward trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the ascending channel. Cancellation of the option to drop the EUR / RUB currency pair on Forex on January 15, 2021 will be a strong growth and a breakdown of the level of 92.55 Euro per Ruble. This will indicate a breakdown of the resistance area and a continued rise of the Euro / Ruble pair to an area above the level of 95.65. Confirmation of the fall in the currency pair will be the breakdown of the support area and the closing of the instrument quotes below 88.35.

EUR / RUB forecast and chart for January 15, 2021

Thus, EUR / RUB forecast and chart for January 15, 2021 imply an attempt to test the resistance level near the 90.15 area. Where can we expect a rebound and the continuation of the fall in the Euro against the Ruble with a target below 86.55. An additional signal in favor of reducing the pair will be a test of the trend line on the relative strength index (RSI). Cancellation of the fall option will be a breakdown of the resistance area and closing of quotations above the level of 92.55. In this case, we should expect a continuation of the rise with the target above the 95.65 area.




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