Nikkei (NI225) is about to test the 1D MA50 (blue trend-line) for the first time as a Resistance, following the bearish break-out on April 15, which was its first breach since November 02 2023. This is a very consistent behavioral pattern with both of the previous two corrections of the 2-year Channel Up pattern.
As you can see, reclaiming the 1D MA50 wasn't...
Last time we looked at Nikkei (NI225) for the long-term (May 26 2022), it gave us the most optimal buy entry we could expect (see chart below), as it bounced on the 10 year (since October 2012) Higher Lows trend-line, and from 26000 almost hit 34000:
The index has since seen a 4 month correction (from July to October) to the 1W MA50 (blue trend-line), which...
ANYCOLOR; the parent company of Nijisanji has broken above the 55SMA and the Support/Resistance zone between 5600 JPY and 6900 JPY so long as this level holds it can easily see and 0.786 maybe even 0.886 retrace back towards the all-time highs.
Recently, a similar company known as COVER CORP had some similar price action that lead to all-time highs that can be...
HELLO GUYS THIS MY IDEA 💡ABOUT 7974 is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this LONG position..
and when the price come back to this area, strong buyers will be push up the market again..
UP TREND + Resistance from the past + Strong volume area is my mainly reason for...
They may Signal that Bullishness will soon be coming to some Japanese Stocks and perhaps even the Japanese Yen if we are to get Bullish Follow-through of this Diamond Breakout
Nintendo is breaking through the Neckline of an Inverse Head and Shoulders pattern visible on the Daily timeframe and looks to be targeting the a Fibonacci Retrace to the upside. I will be targeting the .786 and the .886 for Profit Taking.
TSE:8818 is currently stuck in the 1400 - 1600 area (white box area )
But If price succeeds to break above the white box and closes above the 1600 level , it is very likely to go bullish towards the 1975 - 2000 area as marked by the box .
On the contrary , If it breaks below the box ,and closes below the 1400 level , then it is very likely to drop to the 1120 -...
I have very idea for pair with JPY.
JPY bounce from support Line and ready to grow up
This is my favourite trading pair such as GBPJPY.
If you have idea, Leave comment below and give like this post.
Thank you
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Japanese Yen Future is in equilibrium, It means that in that zone, no trend or signal for a specific trend is clear.
So, we will wait for a huge volume so that the 6J could break the equilibrium and increase, otherwise, it will continue with a small variation inside this range
If the market goes down to the area coloured in red , there is a higher probability that price will bounce back up from there ,especially from the two horizontal red lines and the area between them .
That's why I think the area coloured in Red respresents the optimal area to buy at for people interested in buying TSE:9437 .I think the two thick horizontal red...
After a past long ranging period , we can observe that the KDD CORPORATION curve in 30mn has been at first descending.
After a short period with flat movement we observed a change in direction, seeing now the market going up back to the former ranging zone.
We see that there is a huge amount of fight between buyers and sellers. For the time being, ...
TVC:NI225/USDJP is at the same level it was in 1991,1995,1997,2018. The horiztontal trendline extends from 1990-2019 nearly 30 years. A closing above this trendline on a monthly basis will signal a bullish scenario in the Japanese stock market in my opinion.
The index is approaching the 20,970 1W Support creating optimal conditions for a long term buy towards the 23,000 Resistance. Nikkei is on an uptrend since the December bottom (1M MACD = 405.550, RSI = 50.348) and only a breach of the 20,360 Support can distress that. The Golden Cross (MA50 over MA200) may come later to confirm that. We are long on NI225 with TP =...
Nikkei 225 is a bit tricky. Good fundamental data out of Japan such as dovish monetary policy, but weak export figures which is why its down today. Technically, we are well above most exponential moving averages, but stochastic reads overbought while momentum suggests we are still headed in an uptrend. Overall, not enough signals for one way or the other.
