USDBRL will shoot up from here. Having broken the ATH in December 2024, the dollar is now targeting the next two Fibonnaci levels at 6.40 and then 10.70.
Do the L. 🇧🇷
Can the Brazilian Real Survive its Perfect Economic Storm?In the intricate world of global finance, few narratives are as compelling as Brazil's current economic crucible. The Brazilian real stands at a precipice, buffeted by a confluence of domestic policy missteps and international economic pressures that challenge the very foundations of its monetary st
USDBRL will dump to R$5,00 strong bearish divergences at the topUSDBRL is forming huge bearish divergences at the top indicating the movement exhaustion that could lead the price to plummet to R$5,00 iniatilly , a reaction in that R$5,00 region will be a safe call going to the R$5,20 and R$5,30 (relief rally) and after that the real dump to the region R$4,25 and
USDBRL might be building its 3rd impulsive wave.Not a financial advice.
To support Biden's plan "Invest in America", FED will need to keep raising interest rates to contain #inflation, and make it attractive for international investors.
Meanwhile, Brazilian economy is shrinking, with President looking to lower interest rates which it is what was
USDBRL_1W_Buyhello
Analysis of the Brazilian real in the medium and long term
Elliott wave analysis style
The market is in an upward trend and in the medium term we are in wave 3, which wave 3 includes 5 waves.
The target of wave 3 is 6.5500 and again we can have a correction as wave 4 to 5.8800 and continue to
Dolar at R$ 6,20The day the Dollar reached R$6.20 and for some "miraculous" reason the Brazilian central bank intervened and dropped it to R$5.67.
The sideways cut of a few hours indicates strong manipulation in the market database.
Would an investigation be necessary?
Perhaps.
After all, who provides the data?
See you at 7.50 BRL. Ouch!See you at 7.50 BRL. Ouch!
The trend is so obvious... and it has broken the resistance levels since july24
U.S.Dollar / Brazilian Real Hey traders as you can see we are approaching a supply area on the USD / BRAZILIAN , my weekly fundamentals are telling me we have got a potential good set up here to sell.
Sell limit trade
Entry 5.6514
SL 5.7832
TP 5.1315
This chart material is for educational purposes only / Demo account should
USDBRL Possible Long
Possible Long in USDBRL, with a good target. This is not only technical analysis, but combined with the idea that USD Index will start to increasce against other currencies that was performing well. Plus the actual strong left governemt can cause more inflation and investors-run to dollar safety.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of USDBRX is 6.1650 BRL — it has decreased by −0.13% in the past 24 hours. See more of USDBRX rate dynamics on the detailed chart.
The value of the USDBRX pair is quoted as 1 USD per x BRL. For example, if the pair is trading at 1.50, it means it takes 1.5 BRL to buy 1 USD.
The term volatility describes the risk related to the changes in an asset's value. USDBRX has the volatility rating of 0.20%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDBRX showed a −0.15% fall over the past week, the month change is a 6.09% rise, and over the last year it has increased by 27.64%. Track live rate changes on the USDBRX chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade USDBRX right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with USDBRX technical analysis. The technical rating for the pair is strong buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the USDBRX shows the buy signal, and 1 month rating is buy. See more of USDBRX technicals for a more comprehensive analysis.