This is my first analysis of the USDBRL pair. The Real has lost value in a parabolic fashion agains the American Dollar. The Dollar appear to have reached the top of the channel however the whole global scenario does not look in favor of the Brazilian currency strengthening agains the dollar, the case seems to be of maybe a top but i can't see it going really low...
Brazilian real reached R$5.35 on April 9, as predicted in a previous post. It is now tracing a minor wave 4 that when completed will turn turn to another last move up in minor wave 5 that should elevate the currency to around R$5.45 to R$5.50. The most probable time frame for this target is around 3 to 4 months form now. This last move should complete primary wave...
Brazilian Real is tracing minor wave 5 of intermediate, primary and cycle wave 5. The pattern shows a complete five wave that would complete the pattern, however minor wave 5 could extend, therefore the target to confirm the trend down would be if prices crosses down 5.20. FOLLOW SKYLINEPRO TO GET UPDATES
USDBRL crossed the upper line of the primary impulse waves' channel. Primary wave 5 finished with a throw-over crossing up the channel, a typical behaviour. Price should continue down in a corrective pattern. The odds for this scenario increases after prices crosses down 5.38. This analysis should be void if prices crosses up 5.72. FOLLOW SKYLINEPRO TO GET UPDATES.
As predicted, prices reached 5.392 and it seems to have completed or very near to completing minor b up. When complete, prices should correct in the range of 5.20 to 5.05 before moving up a final minor wave 5 of intermediate 5 of primary 5 of cycle 5 up that should reach the range of 5.50 to 5.60. FOLLOW SKYLINEPRO TO GET UPDATES.
USDBRL is tracing minor wave 4, after it finishes, minor wave 5 of intermediate 5 of primary wave 5 should lift the currency pair to levels higher than 5.30. As minor wave 4 is in early stage we will have a more precise target for minor wave 5 some days ahead. FOLLOW SKYLINEPRO TO RECEIVE UPDATES.
Currently in a minute 4 correction, the Brazilian real should dance around R$5 and R$4.60 and after that increase to up to R$5.40 during the third quarter of 2020
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Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Já imaginou o dólar a 7 reais ? com essas euforias de corona vírus e incertezas futuras. Existe um grande potencial de nos virmos todos os países de terceiro mundo ter uma grande depreciação de seu câmbio. e se o USD/BRL manter acima dessa linha amarela de tendência de alta, estaremos em mares nunca navegados, e também podendo ter mais um cup and handle de longo...
The US dollar rises against the Brazilian real as the global slump continues to loom over the market. Since Monday, the greenback has charged against the Brazilian real and is now on its fourth day of consecutive gains. Bulls are on full throttle mode since March began, propelling the 50-day MA significantly above the 200-day MA. As the globe confronts the...
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...
