On a weekly time frame, the Brazilian Real has experienced a downward trend since 2011. There are several reasons that have contributed to the market's inflation and the weakening of the Brazilian economy against the US Dollar. These reasons include factors such as job vacancies, high crime rates, corruption, and a complex tax system. The chart analysis...
With the global economy showing more resilience and the Fed slowing its pace of tightening, we believe EM currencies can outperform relative to G10 peer currencies this year. Attractive real yields should result in market participants accumulating exposure to developing currencies, while our assumption for contained banking sector stresses should lead to improved...
Brazilian Real is going to have a hard 10 years ahead...
triangle rupt, first target in 4,30BRL, 0.382 fibonacci retracement region.
basic analysis - convergence between fibonacci retracement 0.786 and previous resistance in 3,96~4,21BRL - buy zone
Main Pattern: Weekly Rectangle Buy 50% on weekly retest 0.2005 And another 50% on daily pattern formation Target 0.23
In a few months from now, billions of people will be glued to their TVs for the 2022 FIFA World Cup that is set to take place in Qatar. Every four years, soccer’s global governing body gathers teams from over 30 countries for the world’s biggest sporting event that brings in billions of dollars in revenues and other economic benefits (jobs and tourism) for host...
Mayor Pattern: Weekly Symmetrical Triangle Anticipatory Pattern: Daily Flag Trigger Point: 0,2037 Entry 1 on 21 March close Entry 2 on 23 March Close
usdbrl is in a long term bull market with parabolic looks
The Economist - Brazil takes off (Nov 14th 2009 edition) The Economist - The betrayal of Brazil (Apr 23rd 2016 edition) The Economist - Brazil’s dismal decade (Jun 5th 2021 edition) If this isn't an indication to get long Brazilian equities, I don't know what is. Never confuse education with intelligence. You can have a Ph.D. and still be an idiot!
PagSeguro Digital Ltd., together with its subsidiaries, offers financial technology solutions and services for consumers, sole proprietors, micro-merchants and small and medium-sized companies in Brazil and internationally. Revenue TTM 1.6B Net Income TTM 237M EBITDA TTM453M Net Margin TTM 14.4% EBITDA Margin TTM 27.5% Debt/EBITDA TTM 0.02x
sl none tp none strategy : buy and hold
Deflation coming in Brazil, I see a deeper-than-expected contraction in Brazilian economy as Covid reality sets in.
📌 BRL for the Yearly Close This diagram illustrates the LT map for those in BRL and tracking Brazil for good opportunities into 2021. According to my INR maps, again a very similar cycle count which is decisive for profit taking: The BRL now has the attacking position at the highs after completing a multi decade 5 wave cycle from 1.50 towards 6.00. But...
In this analysis, we take on the Swiss Franc (CHF) versus the Brazilian Real (BRL) to gauge the prevailing sentiment in the FX markets, in the context of U.S. Presidential Elections uncertainties around the U.S. Dollar (USD), as well as the diminishing in importance of Covid-19 globally & a generalised overextension of major currencies to the upside against FX...
Real is ready for the next leg down, USD/BRL will be > 10 soon.
Adam and Eve double bottoms confirmed, we're trading for the gap fill @ 26.5
BRAZILIAN REAL IS APPROACHING A SUPPORT LEVEL, GOOD RISK REWARD LONG| 1- Decent long opportunity at both support 1 and support 2 2- The pair moves nicely, unlike, say, JPY pairs 3-Clear SL levels 4- Great Risk/Reward at both supports LIKE and SUBSCRIBE to say THANK YOU!