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USDBRL

VALE excellent BUY opportunity!Dear Investor, After the chinese economy shows signs of improvement. And if we consider that will have a very big investment realized by the Chinese Government to return the fast growing up of the economy, I believe that NYSE:VALE will be very benefited. Besides that, today we see a USDBRL that benefits a lot the exporting companies. After the VALE has started a recover movment, the price droped a little last week which creates a great opportunity to BUY. On Friday, April 3rd, I started to buy the VALE by $7.79 each. And I intend to increase my LONG position until the price gets $6.50 (if its happens). Good investments for all. Best regards, Lucas Sampaio Olá Investidor, Com os sinais de melhora da economia chinesa, principalmente se considerarmos que haverá um investimento massivo por parte do governo para retomar o crescimento o mais rápido possível, acredito que a VALE será beneficiada. Além disso, com o USDBRL no patamar de hoje beneficia muito a empresas exportadoras. E depois de iniciar um movimento de reação (alta), fez uma realização, gerando um excelente oportunidade de compra. Na sexta-feira, 03/04, iniciei a compra do ativo por $7,79. E pretendo aumentar a posição se preço até a faixa de $6,50. Bons investimentos a todos. Lucas Sampaio
NYSE:VALELong
by UnknownUnicorn3769962
The US dollar rises against the Brazilian realThe 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 devastating coronavirus pandemic, investors of the US dollar are taking it as an opportunity as markets across the globe act cautiously. Perhaps the damage brought by deadly COVID19 is one of the worst economic contractions for years, giving the beloved buck, the world’s leading global reserve currency, the upper hand in the foreign exchange market. As for the Brazilian real, it has reportedly hit its weakest level against the US dollar. And, unfortunately, it’s still projected to get even weaker as the pair is widely expected to reach its key resistance in the short-term trading.
Long
by Financebroker
Investors appear unhappy about the decision of the BRA presidentThe 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 government. The president stirred controversy when he urged people to continue living life normally and keep the economy going. Of course, this leaves a sore in the eyes of investors Bolsonaro prioritizes the economy instead of the well-being of the country. As for the greenback, experts are saying that its rally isn’t over, and that the currency still has a lot of fuel in its tank to continue advancing. The rise of the greenback is largely due to the decreasing risk appetite for some major currencies. The USDBRL is widely expected to hit its resistance level by the first half of April.
Long
by Financebroker
US Dollar x Brazilian Real - Gravity will have its say?The USD has reached a strong resistance once again. Besides, the USD price has gone too far from the EMA200, there we can say the USD has become 'expensive'. To enforce my short-term bearish view, comes the divergence between the price direction and both MACD and RSI. That's a strong indication that this bullish move has exhausted its strenght during its climbing. Let us see if gravity will have its say in this situation. Resistance areas: R$4.30 ~ R$4.60 Support areas: R$4.00 ~ R$3.80
Short
by FernandoHilario
1
USD/BRL will continue to move higher in the following daysThe pair will continue to move higher in the following days to reach its all-time high. The US trade deficit with China falls in 2019, its first time in six (6) years. Yesterday, February 05, the Commerce Department said deficit slips by 1.7%. Imports tumbled 1.7% while exports decrease by 1.3%. The curb in trades were amid the trade war between the two (2) largest economies and Trump’s “America First” policy. On December 14, the two (2) countries began to de-escalate their trade war by signing the phase one trade deal. Under the deal, China will need to increase its import of US agricultural products to a total of $40 billion annually. This will be catastrophic for Brazil who benefited during the heights of trade war. Before the phase one trade deal, Brazil accounts for 80% of total Chinese soybean imports. The deal already outshines the report published by Brazil. The country said its soybean output increased by 8% from the previous year.
Long
by Financebroker
3
USD/BRL failed to breakout from a major resistance line𝔹𝕖𝕗𝕠𝕣𝕖 𝕪𝕠𝕦 𝕣𝕖𝕒𝕕 𝕥𝕙𝕚𝕤 𝕚𝕕𝕖𝕒, 𝕡𝕝𝕖𝕒𝕤𝕖, 𝕔𝕝𝕚𝕔𝕜 𝕥𝕙𝕖 𝐋𝐈𝐊𝐄 𝐛𝐮𝐭𝐭𝐨𝐧 𝕥𝕠 𝕤𝕦𝕡𝕡𝕠𝕣𝕥 𝕞𝕪 𝕨𝕠𝕣𝕜. 𝕀 𝕨𝕠𝕦𝕝𝕕 𝕒𝕡𝕡𝕣𝕖𝕔𝕚𝕒𝕥𝕖 𝕚𝕥. The pair failed to breakout from a major resistance line, sending the pair higher towards a major support line. The populist president of Brazil, Jair Bolsonaro, has been leading South America since his election in January 2019. Known as the “Trump of South America”, he was able to gain full support for his plan to revive the largest trading bloc in the continent, the Mercosur, and banned Venezuela from the group. A recent report accuses Bolsonaro of orchestrating attacks to overthrow Nicholas Maduro. This comes at a time where the US has been very critical of the country, backing the opposition leader Juan Guaido to become Venezuela’s interim president. Moreover, Jair Bolsonaro praised the US for backing Brazil to become the newest member of the OECD (Organisation for Economic Cooperation and Development). Washington previously backed Argentina, Brazil’s main economic rival, to become the next member of the group.
by Financebroker
2
ridethepig | BRL 2020 Macro MapThis train is picking up speed and as most of those who follow the Brazilian chart updates will know there is now momentum via Bolsonaro's pension reform. This is giving consumers the ability to drive growth into 2020 and beyond via things like credit and the appropriate monetary policy. Inflation is still coming down which means CB can keep lower rates, this will provide profit taking and reloading opportunities in 2020. For those really wanting to dig deeper into the flows, retail housing market will be a useful gauge to the next chapter as it will highlight the pace / acceleration of the pick-up. On the technical side, a very clean 5 wave sequence over a multi year period. What we are trading here is the ABC corrective leg via Brazil momentum and capturing a double whammy with USD devaluation. Here tracking 3.70x as the level in play for USDBRL in 2020 macro flows, I also favour BRL on other crosses in particular versus MXN: Thanks for keeping the support coming with likes, comments, questions and etc. We can open the Brazil conversation here for the year ahead. For those wanting to dig deeper with the 2020 strategies I have attached them in the related charts.
Short
by ridethepig
7
Brazilian Real to trade higherLooking at the recent changes in Brazil the technicals and fundamentals are lining up for a stronger BRL. BRL may open stronger Thursday, as the central bank delivered an expected 50bp rate cut, but notably removed the following sentences from the statement. “In the Copom evaluation, the evolution of the basic scenario and the balance of risks prescribes an adjustment in the degree of monetary stimulus, with a reduction of the Selic rate by 0.50 percentage points. The Committee considers that the consolidation of the benign scenario for prospective inflation should allow an additional adjustment of equal magnitude." It also took out the phrase "in any further adjustments in the degree of stimulus" from the following line in the October statement: “The Copom understands that the current stage of the economic cycle recommends caution in any further adjustments in the degree of stimulus.” - S&P followed the rate decision by upgrading Brazil’s outlook from stable to positive. Looking at the technicals the EUR/BRL is currently at the Monthly Pivot and is making lower highs and lower lows - finding resistance above. There is a lot of possible liquidity below the Yearly Pivot as this acted as strong support from the summer.
by ForexVox
USD/BRL - WEEK CHARTHi, today we are going to talk about USDBRL and its current landscape. The emerging markets today can face an increase of volatility and perhaps pessimism as Trump's stated that will reinstate Steel and Aluminum tariffs for Brazil and Argentina since, in his perspective, both countries are devaluating their currencies to be "unfairly" competitive in the sale of agricultural goods, which is harmful to U.S farmers. We must remember that since the beginning of the Trade War, China has stepped into the gas pedal in buying Brazilian agricultural goods, and the Brazilian currency has reached new record lows against the U.S dollar after falling more than 8% this year, which theoretically bases Trump's argument. This could be bad news for the market if imply a new Trade War front against these Latam countries that don't have China firepower to sustain a tariff battle against the U.S. Trump's movement could be interpreted as an endeavor to take these competitors of the road, to try to suffocate China's lifeline of agricultural goods, and maybe force them to become more friendly with the idea of expanding their spending on U.S agrarian goods. For Brazil, it's tough news to swallow since its foreign policy during Bolsonaro mandate, has been based in bending the knee for the Trump, without asking nothing meaningfully in return, which has already pushed away other emerging countries from had a closer relationship with the country. Now Brazil has a hard lesson to learn that in the sovereignty game if you behave like a vassal, you can be discarded like one. For the future perspective, the dilemma is that if the Brazilian government intervene in its currency and stop or even reverse the devaluation, they might hurt their support among Brazilian farmers that are the bedrock of this government, but if they keep the devaluation U.S could impose another round of tariffs and push the country to a brink of an economic crisis, now it’s up to Bolsonaro administration to rule the fate of the country, since Trump isn't to going to show any mercy in his strategy to be re-elected. Thank you for reading and leave your comments if you like. To have access to our exclusive contents, join the Traders Heaven today! Link Below. Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.
by Igor-Silva
1
This is an ENDING pattern on DXYIt seems that the TLTRO "rumor" was a sell the news buy the fact event, contrary to past occurrences! Imagine you earn Brazilian Real and you bought a holiday home in the US. Your mortgage is from a US provider and you repay that debt in USD. What happens if the Real goes from 4 vs USD to 6? You need to earn 50% MORE Brazilian Real JUST TO SERVICE YOUR DEBT! This is the global issue with a rising dollar, many EM countries have high US denominated debt and a rising dollar is hurting capital allocation.
TVC:DXY
by UnknownUnicorn266486
5