USD/BRL pulls back after rejection at channel resistance – Société Générale
USD/BRL has retreated after failing to sustain a break above the upper boundary of its multi-month descending channel near 5.61/5.63 and the 200-day moving average around 5.50, Société Générale's FX analysts note.

USD/BRL has retreated after failing to sustain a break above the upper boundary of its multi-month descending channel near 5.61/5.63 and the 200-day moving average around 5.50, Société Générale's FX analysts note.

Failure above 200-DMA keeps pair under pressure

"USD/BRL has pulled back after testing the upper boundary of a multi-month descending channel near 5.61/5.63. It attempted to break above the 200-DMA (currently near 5.50) but failed to sustain the move."

"It is gradually drifting toward the September/November lows around 5.27, a key support level. It will be interesting to see if the pair can establish a higher trough and form a base. A cross above the 200-DMA at 5.50 would be crucial to confirm a lager rebound."

Acuity Trading
Trade The World
Acuity Trading 是一家成立于 2013 年、总部位于伦敦的金融科技公司,专注于 AI 驱动的另类数据和情绪分析,用于交易与投资。他们以可视化新闻和情绪工具革新在线交易体验,如今持续以最新的 AI 研究与技术提供可产生阿尔法的另类数据与高度互动的交易工具。
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

探索更多工具
交易学院
浏览涵盖交易策略、市场洞察和金融基础知识的广泛教育文章,一站式学习。
了解更多
课程
探索结构化的交易课程,旨在支持您在交易旅程的每个阶段的成长。
了解更多
网络研讨会
参加现场和点播网络研讨会,从行业专家那里获得实时市场洞察和交易策略。
了解更多