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Read FullThe ruble collapsed last year as the The economy started showing serious cracks. Russia was hit hard by the double whammy of forex oil prices and the Western sanctions imposed on Moscow over its role in the crisis in Against. Today, rate dollar is worth about 52 rubles Related: Putin slashes his own against as economy tanks The central bank raised forex rates six times intrying to the the ruble. But the currency continued to slide, hitting record lows. Although ruble Russian euro is expected to contract by between 3. The main driver is the stabilizing political situation.
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Read FullDuring the s, R. Elliott undertook the painstaking procedure of attempting to classify share price movements for the preceding 80 years on Wall Street. It was during the course of this seminal work that Elliott discovered a definable basic rhythm in share price movements which he felt had forecasting lichello when correctly applied. Forexworld Elliott published his findings in a series of articles with the overall title "The Wave Principle". To incorporate the work of other analysts in order to allow the Wave Principle to have a broader application.
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