BRAZILIAN REAL / EURO BRLEUR

 
     
 
     
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BRLEUR Forex Chart

 

Technical Analysis Summary

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PeterOndrovic PeterOndrovic BRLEUR, 15,
BRLEUR: Weigting the style
9 0 1
BRLEUR, 15
Weigting the style

Pure technical brief forecast that expects downturn or an uptrend continous trend. The reversal is less likely, there exists a support line, very strict one, tho. possible. Raising FED rates might affect capital more likely to go into Brasil, therefore not strongly support BRL appreciation.

Lanmar Lanmar PRO BRLEUR, D, Short ,
BRLEUR: Expect the Brazilian Real to underperform the Euro
52 0 4
BRLEUR, D Short
Expect the Brazilian Real to underperform the Euro

We have an H&S on EURUSD, and an H&S on BRLEUR. Why short the Euro when you could short the Brazilian Real? I'll just short both; overweight short Brazil Real.

Mect.fx Mect.fx BRLEUR, W, Short ,
BRLEUR: EW BrlEur
8 0 4
BRLEUR, W Short
EW BrlEur

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