USD/BRL has started the week with a substantial move to the downside. The pair formed a lower high last week, thus the price action strongly resembles the “Head and Shoulders” pattern.
Tag - brl
This week brings us key indicators of the US economy performance and more developments in the Brexit environment
What is moving the market this Tuesday? Read here
The Brazilian real faced a real challenge during the last couple of days. The USD/BRL pair jumped above the 4 level on Friday and tested the last September highs above 4.11.
Find out the main drivers for this week
Let’s find out what has been moving the market today…
Watch this video for this week's success!
With all this Brexit mess it’s very easy to forget about other currency pairs.
EUR/USD, XAU/USD, and BRL/USD are key pairs for February 20
Let’s find out what is so special about the pension reform and how it may affect the Brazilian currency.
We have come to the second month of 2019 and it’s time to take a deep breath after the crazy run of the year, evaluate what has already happened and make some precisions on the upcoming months.
The wave of ups and downs in the Forex market did not bypass the exotic currencies in 2018. Let’s look at how analysts predict the performance of those ones, which suffered the most during 2018 - the Brazilian real and Turkish lira.