I believe this pair will bounce off the established horizontal support and headed towards .38 retracement. Be careful with a breakout to the downside, a SL at the 3.09 area should keep you safe
Trend channel break, bearish H&S failure. Looking for dip sub 59,000 to get long.
We have in Red (USDBRL) and Orange (USDCLP) the two strongest currency in latin american recovering from recent devaluation in a pronounced way in comparison with Dolar Index (Green). But fiscal situation in Brazil is getting worse, the political problem after impeachment of last president is to approve a series of bills to cut social expenditure like Health and...
I want this one cheap. I am not buying on any breakouts. I want to go long at an extremely low risk entry.
Based on RSI55 div on a daily chart and bearish structure look forward for consolidation around 10.20/share and further reversal. Time horizon: 1-2 quarters. Initial target and stop as it drawn on the chart.
Hi traders, On the USDBRL daily chart I'm looking at a potential bearish entry at the retest of the trendline. This area lines up with the completion of the AB=CD pattern and the 38.2% Fibonacci retracement. Entry: 3.3228 Stop: 3.3960 Target: 3.1898 = R:RR 1.82 Good luck! Updates will follow.
In this pair the price reached a support line, probably won't close under that. Buy it now and sell if close (manual stop) under it anytime. The goal is at 0,3302.
OPEN POSITION: SELL 3.23 STOP: 3.26 TARGET 3.18 SECONDARY TARGET 3.14 CANCEL: IF CLOSE OVER 3.25 Register for Lucky 8 – FX Trader of the Year 2016 Hantec Markets Demo Contest www.fxstreet.com
USD vs Carry: 1. Yield vs USD - G10 - AUD NZD; EM - BRL, ARS, TRY is likely to continue its downside pain into next week as dollar denominated short term interest rates (STIR) spiked (after hawkish Yellen comments - see attached post) to pre-brexit highs (30D Fed Funds steeper and Implying hikes now up at P=33% Sept, P=59.1 Dec, P=92.1% 2016) which as you can...
(A) 1a Eleição de Dilma Rousseff (B) Início do rally do DYX US Dollar Index (C) Reeleição de Dilma Rousseff (D) Eduardo Cunha, presidente da Câmara de Deputados, aceita pedido de impeachement da Presid. Dilma Rousseff (E) Câmara de Deputados instaura processo de impeachment de Dilma Rousseff, com mais de 2/3 dos votos (F) Enfraquecimento do rally do DYX (G)...
Last monday I published an idea about some perpectives to long SUZB5; Unfortunatelly, it couldn't came true, as the stock closed under the expected price... Now, opportunity has come! After weeks of bearish trend, SUZB5 reachs again a support line (blue), proving it at 9.60. My bet is a fast trade; Buy $ 9.61, Stop $9.35, Take profit 9.89. More details about this...
The context: * A large percentage of company's sales is done in USD (exportations), so high USDBRL -1.21% is good for the company. * The BEK prices (Bleached Eucalyptus Kraft) suffered a donw trend in the last months, affecting all the players of the sector (See ETF 0.00%% WOOD), but there is a moviment of price growning in course. * The company's 2Q/20216 results...
same as the other prevision, but in a fastest timeframe with chaotic olympics 'usain bolt' hypothesis