Thursday (11) was marked by a turnaround in the currency markets, with the future dollar ending the day 0.93%quoted to 5,898.5 points. The scenario continues to reflect the caution of investors in the face of climbing in the trade war between the United States and China. The White House clarified that the tariffs imposed on China add 145%considering the 125% recently announced and 20% in force, in response to the retaliation of 84% promoted by Beijing. In addition, US consumer price rate data (CPI) showed a drop in 0.1% in March, leading to annualized inflation to 2.4%below market expectations.
For traders, the environment remains volatile and sensitive to new developments in trade policy between the two largest economies in the world. The oscillation of the dollar throughout the day shows market instability, influenced by both external and internal factors, such as tax concerns related to the proposal to expand the social tariff of energy in Brazil. In the next trading session, it is essential that operators are aware of the statements of global leaders and economic indicators, adjusting their strategies to navigate a scenario of uncertainty and rapid changes.
15 -minute chart analysis
The recovery of the mini-gathering on Thursday was technical, with the asset returning part of the losses of the previous session. However, even with the advance, the 15 -minute chart shows that the price is still negotiate below the moving averages of 9, 21 and 200 periodswhich limits higher advances in the short term.
For the recovery to gain body, the entry of consistent buyer volume that leads the asset to overcome the Resistance Region between 5,916/5,929 points. Broken this range, the market can aim at targets in 5,943.5/5,958.5 and, above, in 5,975/5,996 points.
On the other hand, if the asset loses the Support at 5,883.5/5,862.5 pointsthe seller flow can gain strength again, with the possibility of seeking 5,838.5/5,810 and, in a more intense pressure, the 5,787/5,770 points.
In the daily chart, yesterday’s session formed a spinning topstandard that highlights the dispute between buyers and sellers. Still, the candle was positive and the closure was above the averages of 9, 21 and 200 periodswhich keeps the active technically in a relevant support zone.
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The scenario, however, remains undefined and requires attention. THE IFR (14) is in 54.37 pointsa neutral zone, with no clear sign of buying exhaustion or saleswoman. For the asset to follow with the altist flow, it will be essential to overcome the Maximum of the last session, at 5,975 pointsmaking room to seek the 6,000/6,117 points. For a resumption of the low movement, it will be necessary to break the region of the averages of 200 and 9 periodsbetween 5,890 and 5,855 pointstargeting targets around 5,790 points.
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Future Dollar (WDOK25): 60 minute chart
In the 60 -minute chart, the positive movement of the last session was more technical than structural. After the fall on Wednesday (9), the asset showed breath to recover part of the lost ground, but still operates below the moving averages of 9 and 21 periodswhich keeps the warning connected to a possible seller resumption.
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To confirm a short -term reversal, the minidolor will have to win the Resistance Zone between 5,917/5,950 points. If you get this break, you can target the levels of 5,975/6,000and later, 6,037 and 6,053 points – These ranges will be crucial to define the strength of the buying flow.
However, if the asset loses support in 5,879/5,836 pointsthe low movement can be resumed with intensity. In this case, the next targets are in 5,810/5,790with longer support in 5,753/5,738 points.
(Rodrigo Paz is a technical analyst)
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Check out more content about technical analysis at IM Trader. Daily, Infomoney publishes what to expect from the dollar and index mini -points.