With Iran and the US signing a peace deal, where does that leave Benjamin Netanyahu? 
Gold's 365-Day EMA Streak Since Oct 2023 Faces Its First Real Test at $3,980 — Break or Bounce to $4,140? 
AI Memory Boom Sparks Global Chip Supply Crunch 
Today’s space race could turn fatal if we don’t agree on new rules 
Goldman Sachs: US Dollar Likely to Stay Strong Despite Oil Price Retreat 
Gold Surges Above Key EMAs, Bulls Eye Resistance Amidst Bullish Momentum 
J.P. Morgan Sees Potential Vestas Guidance Upgrade Amid Strong Wind Energy Demand 
How Donald Trump has changed the way diplomacy is done 
Central bank of Russia, provided rate cut of 100 basis points, as economic outlook and inflation stabilized further.
However short term outlook for Rouble remains clouded for following three reasons.
- Crude oil price failed to push higher so far, which remains a big liability for Russia.
- FIFA scandal is intensifying, which pose further challenge into Russia's bid to host world cup. Apart of US, Swiss authority has extend investigation multi-million dollar probe into Russia's successful world cup hosting bid.
- European Union likely to extend its sanctions on Russia, which is bad news for Rouble.
The above mentioned issues are likely to keep Rouble well offered against Dollar.
Technically speaking -
- Rouble seem to have taken strong resistance against dollar around 52.4 area, bulls might be targeting around 60 area. However increasing volatility might keep it challenged for Rouble traders.
- Rouble is currently trading at 54.3 against dollar. Long USD/RUB with stop around 52.4-52 area. First target is 55.6, second at 57 and final around 59.5. Book one third of profit at each target area.
