US Plans 25% Tariff on Brazilian Goods
📊 GOOGL — Piyasa Yorumu
▼ down · 65%While the news does not directly impact GOOGL, trade war concerns could reduce overall market risk appetite. Technical indicators are already weak: RSI at 32.6 is near oversold territory, MACD is below the signal line, and the price is below both the 20-day and 50-day moving averages. The 4.1% decline in the last 24 hours indicates continued selling pressure. The short-term downtrend is likely to persist, though oversold conditions may trigger some buying on dips.
📊 BOVESPA — Piyasa Yorumu
▼ down · 75%The news represents a serious trade barrier for Brazilian exports, which could put pressure on BOVESPA. Technical indicators already show a weak outlook; although the RSI is approaching oversold territory at 30, the MACD is negative and below its signal line. Short-term moving averages (SMA20 and SMA50) indicate a downward trend. The 2% decline in the last close suggests selling pressure may continue. Therefore, the downtrend is expected to persist in the short term.