The buck buckled last week, resulting in a slight upset for investors. However, it’s starting off the week with gains against the Brazilian real as investors appear unhappy about the decision and action of the Brazilian president. Yesterday, Jair Bolsonaro, the president of Brazil, reportedly went to the stressed and broke the own social distancing rules of the...
The USD has reached a strong resistance once again. Besides, the USD price has gone too far from the EMA200, there we can say the USD has become 'expensive'. To enforce my short-term bearish view, comes the divergence between the price direction and both MACD and RSI. That's a strong indication that this bullish move has exhausted its strenght during its...
The pair will continue to move higher in the following days to reach its all-time high. The US trade deficit with China falls in 2019, its first time in six (6) years. Yesterday, February 05, the Commerce Department said deficit slips by 1.7%. Imports tumbled 1.7% while exports decrease by 1.3%. The curb in trades were amid the trade war between the two (2)...
𝔹𝕖𝕗𝕠𝕣𝕖 𝕪𝕠𝕦 𝕣𝕖𝕒𝕕 𝕥𝕙𝕚𝕤 𝕚𝕕𝕖𝕒, 𝕡𝕝𝕖𝕒𝕤𝕖, 𝕔𝕝𝕚𝕔𝕜 𝕥𝕙𝕖 𝐋𝐈𝐊𝐄 𝐛𝐮𝐭𝐭𝐨𝐧 𝕥𝕠 𝕤𝕦𝕡𝕡𝕠𝕣𝕥 𝕞𝕪 𝕨𝕠𝕣𝕜. 𝕀 𝕨𝕠𝕦𝕝𝕕 𝕒𝕡𝕡𝕣𝕖𝕔𝕚𝕒𝕥𝕖 𝕚𝕥. The pair failed to breakout from a major resistance line, sending the pair higher towards a major support line. The populist president of Brazil, Jair Bolsonaro, has been leading South America since his election in January 2019. Known as the “Trump of South...
This train is picking up speed and as most of those who follow the Brazilian chart updates will know there is now momentum via Bolsonaro's pension reform. This is giving consumers the ability to drive growth into 2020 and beyond via things like credit and the appropriate monetary policy. Inflation is still coming down which means CB can keep lower rates, this...
After the US Dollar has reached the last resistance around R$4.25, it has gone through a strong correction, slowing down exactly at EMA200. It is clear for us Brazilians that we have now a very good opportunity to buy more US Dollars to add to our greater Portfolio allocation.
Looking at the recent changes in Brazil the technicals and fundamentals are lining up for a stronger BRL. BRL may open stronger Thursday, as the central bank delivered an expected 50bp rate cut, but notably removed the following sentences from the statement. “In the Copom evaluation, the evolution of the basic scenario and the balance of risks prescribes an...
Hi, today we are going to talk about USDBRL and its current landscape. The emerging markets today can face an increase of volatility and perhaps pessimism as Trump's stated that will reinstate Steel and Aluminum tariffs for Brazil and Argentina since, in his perspective, both countries are devaluating their currencies to be "unfairly" competitive in the sale of...
Depois de romper topo histórico USDBRL apresenta padrão couple and handle no gráfico mensal com projeção a incríveis 6,00!! Você está pronto?
For this pair I see this movement in the short term. That is, soon there will be opportunity to long from the green box to at least the red box. It's just my entries, I'm not a counselor. Good luck!
Estudo para USDBRL / Dolar Futuro - Baseado em Price Action e Volume Profile.
2018 saw a rolling bear market in emerging markets, with a lot of EM currencies getting crushed vs. the dollar. Why has everyone forgotten about this? The issues are systemic, and the buy-down of the USDHKD peg only kept the eurodollar market functioning for long enough to forestall some further pain. Now that the peg has been hit again, we are starting to yet...
It seems that the TLTRO "rumor" was a sell the news buy the fact event, contrary to past occurrences! Imagine you earn Brazilian Real and you bought a holiday home in the US. Your mortgage is from a US provider and you repay that debt in USD. What happens if the Real goes from 4 vs USD to 6? You need to earn 50% MORE Brazilian Real JUST TO SERVICE YOUR DEBT!...
In the graph we can see the primary line (yellow 55 days) and secondary line (green 21 days) are still point down. The downs and ups of peaks and troughs are getting lower peaks and lower troughs. We can draw a downtrend line connecting the peaks, is a resistance line. For tomorrow we can expect the downtrend line act as a resistance around 3.73 and if the...
topo histórico dia 05 de fevereiro creio que o cálculo seja coerente (me corrijam caso contrário)
USD / BRL is testing important support and can break down with an H & S. If the break down is confirmed, it will search for the following targets. The first target is easy, very likely. The latter is a difficult target, indicating the maximum range of H & S.