The chart shows monthly bars on the NIKKEI 225 future. The index is returning to the 21000 key level, a level its failed to surpass since 1992. Price is above its 52 week Moving Average, and momentum is up for the only second time since the 1980's.
Whilst the rest of the Worlds post Global Financial Crisis recovery began in 2009, Japan's was delayed until the ...
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Underlying: GBPJPY
Time frame: 1D
A few days ago I posted about GBPJPY about to hit a resistance level, this level has now been hit and price was rejected quite hard. What concerns me is that the MACD indicator has still not crossed or in a declining trend, because of ...
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Underlying:NZDJPY
Time frame:1D
Just wanted to bring this to people's attention. I have noticed that a lovely wedge has formed on the daily chart for NZDJPY. Don't expect any kind of big move until we have broken out from ...
Given that Japan is stagflant economy, YEN is safe haven currency so its driven mainly by risk on/risk off sentiments on global markets
In case that we’ll see any further escalation of North Korean tensions, we can expect instant downmove – any more serious comments from North Korean officials could trigger that (Markets are already quite used to NK hostile ...
UJ has been a ranging pair the past couple weeks but all playing in with the bigger Time Frames. When bigger TF's are dojis, you will more than likely see big moves up and down in the same range of pips, However with UJ pushing down previously we are looking at the continuation of this downtrend on higher TF or we will see the break of structure and trend change. ...
The world stock market is in dilemma and it is not due to any economic data.
It is due to the geopolitical events.
The japan stock market is one of the most affected market due to the saga.
I am still seeing the weakness of it and it will use 18,900 as a very good support.
SO, it can go to 18,900 easily for now and we have to see how strong it behave as the ...
MIDAS Top Finder accurately predicted the TOP in the accelerated trend.
Pullback to S1 is now very likely.
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19300 is a nice support zone.
there is no nice candle to long at the moment.
next support zone if 19300 broken will be 18900
tradesafe
Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, ...
Ascending Triangle
This type of triangle chart pattern occurs when there is a resistance level and a slope of higher lows.
What happens during this time is that there is a certain level that the buyers cannot seem to exceed. However, they are gradually starting to push the price up as evident by the higher lows.It seems cadjpy is making a compression sell . its ...
My analysis is that euro will weak against jpy . It seems that EJ is making a new head & shoulder pattern.Kindly wait for confirmation candle before entry on the price and If the price goes up it will go until area 129.311 -129.561 and start sell again.
The price stuck twice on the EMA 50 which will make it even significant to go down.
My target the price will go ...
