Lower Depths Tested as Bearish Trading Shows Teeth (USDBRL)Speculators will now need to look at six-month charts to try and contemplate the potential direction of the USD/BRL.
Upon opening yesterday after the long Christmas weekend, the USD/BRL continued to track downward. The currency pair closed Tuesday’s trading near the 4.8130 depth, after touching a
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BRLUSD 1D TF
BRLUSD is looking weak and is lokking as if it will test the lower support!
A short can be taken with a small SL with TGT at the lower trendline
The RSI is also showing a divergence thus we can expect a bearish view
RR-3.5
Possible pips-0.0162
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of BRLUSD is 0.1695 USD — it has increased by 0.12% in the past 24 hours. See more of BRLUSD rate dynamics on the detailed chart.
The value of the BRLUSD pair is quoted as 1 BRL per x USD. For example, if the pair is trading at 1.50, it means it takes 1.5 USD to buy 1 BRL.
The term volatility describes the risk related to the changes in an asset's value. BRLUSD has the volatility rating of 1.47%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The BRLUSD showed a 1.48% rise over the past week, the month change is a −2.94% fall, and over the last year it has decreased by −10.74%. Track live rate changes on the BRLUSD 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 BRLUSD 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 BRLUSD technical analysis. The technical rating for the pair is strong sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the BRLUSD shows the sell signal, and 1 month rating is strong sell. See more of BRLUSD technicals for a more comprehensive analysis.