US Dollar/Brazilian Real (USD/BRL) Exchange Rate
USD/BRL Pivot Points
USD/BRL Latest Updates
The USD/BRL remains a rather consolidated Forex pair for speculators who have the ability to be patient regarding its value changes.
Light holiday trading may produce volatility for the USD/BRL near term as it hovers within the higher ratios of its three-month price range.
The USD/BRL has come off highs made in the past ten days and has begun to touch a known range, but it remains above February values.
The USD/BRL has been able to produce a slight short-term bearish trend the past couple of days which will challenge traders’ instincts.
The USD/BRL touched important highs yesterday while challenging values not seen since early November of 2020.
The USD/BRL experienced a strong bullish run late last week, but the move may not be correlated to the global Forex market entirely.
The USD/BRL has produced a rather consistent short-term incremental trend upwards as the Forex pair demonstrates bullish sentiment.
After a banking holiday in Brazil yesterday, the USD/BRL may produce some short-term volatility for speculators.
The USD/BRL has remained within a tight trading band the past five days, but technical traders may believe that short-term indicators may be setting the stage for a small bearish trend to develop.
The USD/BRL remains locked within a tight range which continues to lack a strong trend which may be helping short term speculators.
The USD/BRL is trading within proximity of short-term lows, but traders should not be fooled into thinking there is a certainty that the Forex pair is going to break through support levels.
Speculators love to take advantage of long-term trends, but often are challenged by sudden reversals which frequently pester Forex pairs.
The USD/BRL continues to challenge speculators, but recent trading has now brought the Forex pair within proximity of important resistance.
Lack of a strong trend creates speculative territory.
It is time for a rethink of the USD/BRL for speculators.
The USD/BRL has found it nearly impossible to achieve a sustained bearish trend.
The US dollar initially tried to rally against the Brazilian real, but found enough resistance just above the 50-day EMA to turn things back around and fall.
The US dollar has rallied a bit during the trading session on Friday to reach towards the 50 day EMA against the Brazilian real.
The US dollar has drifted a bit lower during the trading session on Wednesday as we test the 50-day EMA against the Brazilian real.
The USD/BRL has seen a bullish trend emerge the past week which mirrors many other major Forex pairs.