USD/RUB has reached year high around 76.47 and slightly retreats from that level. Russian ruble lost 40% of its value last year and now 25% down compared to year ago.
- The decline in the price of ruble is mainly due to the Western economic sanctions and plunging oil prices which is hovering around 11 - year lows.
- The Russian economy has been hit hard by sanctions imposed by the United States, the European Union, and other countries because of Moscow's 2014 annexation of the Ukrainian region of Crimea and its support for separatists in eastern Ukraine.
- Technically the pair is facing resistance around 76.70 and break above targets 77/77.50.
- Short term weakness can be seen only below 68. minor support is around 73.75/71.35.
It is good to buy at dip around 73.80 with SL around 71.35 for the TP of 76.70/77.50


FxWirePro: EUR/ NZD loses momentum but outlook is bullish
Sterling’s Six-Week Streak Snaps: GBPJPY Slumps Toward 210.00 as Bearish Momentum Intensifies
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
Dollar Resurgence Propels USDCHF Above 0.8000: Technicals Signal Continued Bullish Momentum Toward 0.8150
Bitcoin on Edge: Geopolitical Tensions Weigh on BTC as Bulls Eye the USD 64,000 "Buy the Dip" Zone
FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro: GBP/NZD uptrend loses momentum but bullish setup remains
Ethereum in Consolidation: ETH Trapped in Narrow Range as Bulls Await the USD 2,000 "Buy the Dip" Opportunity
FxWirePro: GBP/USD gains some upside momentum but still bearish
FxWirePro- Major European Indices
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold 



