As market volatility has come back with a vengeance and the US Dollar continues to remain strong, one EM currency that has been hit particularly hard this year has been the Brazilian Real ($USDBRL).
Sluggish growth forecasts, coupled with waning support for the Brazilian President has sent the Brazilian Real to its lowest level of the year thus far. The sharp...
EL RECRUDECIMIENTO DE LA GUERRA COMERCIAL ENTRE EEUU Y CHINA HABILITO LA ONDA DINAICA DEVAUATORIA DE MONEDAS EMERGENTES QUE CATAPULTARA EL CLIMAX DE LA CRISIS FINANCIERA 2019-2022.
EL DOLAR EN BRASIL HABILITANDO EL HCH INVERTIDO DE LA SECUENCIA DE ONDA III QUE LO LLEVE RAPIDAMENTE HACIA UN TARGET DE 5,40 REALES.
RESISTENCIA TECNICA EN EL AREA...
1. EMA(20) < MA(72)
2. Pull back up to EMA(20)
3. Pull back more than 30pip today
4. London market opened
6. 2% risk
7. 1.3075, 95pips
8. The top of the last range
1. London opened at 8:00 in GMT, order opened at 9:05 in GMT, too earlier.
The "Real Estate Market Cycle" is made up of four distinct phases.
There isn't an exact length of period of time each phase must last, but taken as a whole, the entire cycle averages 17 to 18 years from peak to peak.
Looking at the previous cycle (1989-2007) we can use Fibonacci and geometry to see where we currently...
Despite the modest recovery seen in crude oil prices in the second half of the day, EURCAD has been pushing upwards. Earlier in the day, the Ivey PMI in Canada slumped to 54.7 in January from 59.7 in December and fell short of 56 to weigh on the looniehttps://www.tradingview.com/x/MYE0e5cv/
Technically, a downward trend and a sharp change in direction for the price of $6k will not be. This time the story will repeat, but already in a different time interval, a sharp increase during the half year, as it was not last expected, to make the next multiple volume of purchases, we'll need the same multiple time interval.
In search of plankton
Today, at a...
Real energy is still cruising steadily inside the channel. CMF shows that the market is pretty balanced for now. OBV is coming down a bit but as long as we don't break south in the gentle uptrend, we should be fine.
Prices are supported by the 55 and 100 EMA. I do hope that the 55 EMA catches up and cross the 100 EMA for a stronger uptrend. However, the...
We suggest that the Brazilian Real is in a long cup&handle trend formation here showed on the monthly frame.
We expect an acceleration on the REAL devaluation once the 4 reais level is crossed.
Other fundamental aspects in favor of this view are the Brazilian Government several recent failed attempts to revert the current negative patter, the decaying Brazilian...
Here we go, the 4hr candle was green and now has turned red in it's final stages. Will it continue on it's red trajectory? I believe it will and BTC could be heading to $6600 just days away now from the 6th? More to come...
Not Financial or psychological advice.
I dont trade Real estate but i would if my trade/platform would give the chance.
A nice short seems to be presenting here. Entry below Heikin ashi doji en stop above it. TP below in range. Move SL at own discretion, but not to tight.