Friday, October 16, 2026

Technicals

Add as a preferred source on Google

USD/BRL firm, by Aug '04 high at 3.0770

Source: Thomson Reuters USD/BRL firm, by Aug '04 high (3.0770), market expects 1 more 25bp hike in '15 Brazil '15 inflation 7.77% v 7.47 pvs wk, growth -0.66% v -0.58% BCB poll sees more GDP/inflation woes in '15, inflat…

By Jay L. Zagorsky
1 min read
USD/BRL firm, by Aug '04 high at 3.0770
Image from the original EconoTimes article

Read the original article

Source: Thomson Reuters


  • USD/BRL firm, by Aug '04 high (3.0770), market expects 1 more 25bp hike in '15

  • Brazil '15 inflation 7.77% v 7.47 pvs wk, growth -0.66% v -0.58%

  • BCB poll sees more GDP/inflation woes in '15, inflation/growth in '16 expected to improve 

  • Market eyes June US rate liftoff, sees 1 more 25bp hike in '15

  • USD/BRL resistance at 3.0642 61.8% Fib, 3.0850 Jun '04 high, 3.233 May '04 high

  • Support lies at 3.0584 21-HMA, 3.04 upper 21-d Bolli (former resistance), 3.0163 50-HMA

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team