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Technical Analysis &BRENT/RUB : 2015-11-30

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Trading commodity currency The ruble-denominated Brent oil chart has significantly diverged once again from its 200-day moving average line. Previously it returned to it. Last time, late October, it failed to touch the average line but experienced almost a week of steady growth. Now it has reversed up again. Will the uptrend continue? The proportion of fuel and energy goods in the Russian export is quite high amounting to 65%, according to the Federal Customs Service of Russia. This explains

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