Chart USD/BRL Update: Smart bounce, but scope to remain limited

May 10, 2024 4:15 PM UTC

Consolidation above the 5.0520 Fibonacci retracement has given way to a sharp bounce

Chart USD/BRL Update: Consolidating test of the 5.0520 Fibonacci retracement - background is weak

May 8, 2024 4:03 PM UTC

Anticipated losses have reached the 5.0520 Fibonacci retracement

Chart USD/BRL Update: Sharp gains rejected - prices under pressure

May 2, 2024 3:43 PM UTC

The sharp bounce from strong support at congestion around 5.1000 and the 5.1085 Fibonacci retracement has been rejected at congestion around 5.2000

Chart USD/BRL Update: Prices remain under pressure

April 29, 2024 3:50 PM UTC

Little change, as prices extend pressure on congestion support at 5.1000 and the 5.1085 Fibonacci retracement

Chart USD/BRL Update: Room for still lower

April 24, 2024 3:34 PM UTC

Anticipated gains have not been seen

Chart USD/BRL Update: Balanced at fresh 2024 year highs - studies remain positive

April 18, 2024 4:11 PM UTC

Anticipated gains have reached fresh 12-month highs around 5.2900