U.S. Dollar / Brazilian Real USDBRL

chronodevourer Updated 

The charts never lie. The Law of Large Numbers, by Jacob Bernoulli, defends that we can accurately predict an event when we utilise large numbers. This chart has a precise bull flag formation that has been forming way before the election results. Now we have the Brazilian people's decision, LULA has "won" and the left is back in power. From my point of view,...

QuantFuture Premium Updated 

Just like I said in the past, being in bitcoin is a hedge against the real and the dollar. But for Brazilians to be dollarized is already a difficult task. The scenarios are not nice and promising, but that makes our analysis more promising after all we need volatility to survive. Bitcoin tends to be the most cyclical asset in existence today, and it is greatly...

diegotrader9988

Brazilian real is getting stronger against usd... so the trend was broken time to get short on it

QuantFuture Premium

Dont over leverage here, high volatility may still exist in this scenario, if you want to be safe in your buy, buy after the breakout of the line. Famous falling wedge. Kondratieff wave cycles If you're Brazilian and you're sitting on your fiat currency, I feel sorry for you.

diegotrader9988 Updated 

Brazilian real has got and strong buying recently clearly showed on graph.. for moment its a sell usd/brl and buy br real...!

RobertoMachadoNeto

With The inflaction data + The New brazilian president elections this is The target im looking for The dollar. Time to buy before it fly. NFA

im-the-owl

triangle rupt, first target in 4,30BRL, 0.382 fibonacci retracement region.

waqasfarooq27

USDBRl Short call Entry at 5.2877 Stoploss- 5.35 Tp-1 5.24 Tp-2 5.15

diegotrader9988

Brazilian real was in a long term appreciation due to economic commoditie activity but now as it starts to fall also come the Br currency. For moment its Buy USD.. SELL BRAZILIAN REAL!

ICFX Updated 

USD dollar is likely to strengthen next days against BRL. I am looking for longs. This pair is one of the easiest to trade. Just moving averages will do. It is pretty straightforward on higher timeframes, no fake moves as in euro. For educational purposes only.

im-the-owl

basic analysis - convergence between fibonacci retracement 0.786 and previous resistance in 3,96~4,21BRL - buy zone

GruberEX

Based on the macro environment, and considering these key factors: 1. Bovespa leg-room to expand 2. Dollar index is going into a bearish macrocycle 3. Commodities bullish cycle 4. Political Tail-wind.

DuhNT

Just to record that the chance of the dollar falling is great! After this breakout of this accumulation and the straight support, the price is already indicating a downtrend. Making the tops and bottoms lower and lower. We need confirmation of the breakout of 4.58 reais to establish a downtrend. Strong buying region in the region of 4 reais and fibo.

RealMacro Updated 

Despite the recent inflation in all commodities, BRL is starting to strengthen against the dollar and has now broken 2 key areas simultaneously. breaking a line in itself is not a big deal so we need more evidence for follow through.

The_STA Premium

A somewhat confused picture has emerged over the past few days on the USD/BRL chart. I have what looks like a triple top on the monthly and weekly charts, which any chartist will tell you is BEARISH. But…. Over the past couple of days on the daily chart we have what looks like a double bottom which has just completed, which is bullish short-term pattern – so what...

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PlutusX

For my English speakers: I am saying that the price broke major support which happened to align with the 38% fib. With broken support on the higher time frames and structure-forming, suggesting resistance on the lower timeframes make the possibility of a continued fall imminent. I am waiting for further confirmation n the daily with proper 4H context for...

CorleoneXBT

Chart showing USD/BRL and how it performs during presidential elections and also what happened after March 2020, during the beginning of the c0v1d p4nd3m1c