Asset markets are still overbought on the yearly scale, but really, shorting right here seems like asking for a slap in the face. I won't fall for the new popular narrative of panic shorting and everyone suddenly unloading their bags only AFTER a massive drop. I am a contrarian by necessity, not for convenience. I'll short when the crowd is comfortable going long...
Feel free to interpret it. Fundamentally Indeces is still very fragile fundamentaly. Good R:R short.
Looking for a strong move higher in Japan, in wave ((3)). Ivelin Z.
Nikkei Futures (NKD) is presently at the 100% – 161.8% Fibonacci extension from February 16, 2021 high and the Index is searching for support. Short Term view suggests that the decline from November 16, 2021 high is unfolding as a 5 waves impulse structure. Down from November 16, 2021 high, wave 1 ended at 27390 and rally in wave 2 ended at 29420. The Index then...
Nice and simple, back to 26xxx Good luck blah blah extra stuff so tv will let me post
In this update we review the recent price action in the Nikkei225 futures contract and we identify the next high probability trading opportunity and price objectives to target.
Doesn't really matter what market pair you are looking at, pretty much all equities and assets are looking to make a reflexive bounce. The highlighted portion is a 200 day linear regression channel and we could make a bounce towards the middle of the channel until monetary policy changes come to fruition starting in March. The market was willing to sell on the...
Bear Candlestick formed on Horizontal Resistance Level.
The more horizontal the trendline, and the more touches of price to that trendline, the more ominous. Many times, a decisive break of the line, leads to a move equal to the previous range. That would be over 3000 points!
looks like Nikkei likes a lot to trade in a range/to form channels there are two possibilities in my humble opinion: red path is the safest one: wait for the retest of the support and after that give it a try. green path: if you believe that the stock market worldwide will have a sharp turnaround, combined with the support confluences. if I add value to your...
The Nikkei is close to decisively breaking the 4 and 1 hour trendlines. This could lead to at least a 500 point sell-off. Good support is the next line at 27500.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they...
Asian markets remain looking heavy as the HSI and Nikkei Daily timeframes press lower. The US has been more resilient to negative news and remains focused on inflation and interest rates. The question is how much of the good news ie/ strong economy and bounce from pandemic lows has been factored in to price action in the US. If the US start to take a hit, then...
GBP JPY Has made some retrograde in the last 30 days. probably the sellers are still on their way to 149.300 -149.100. NI225 Has made +3.55 % Last 30 days, By moving from 28583.83 to 29601.83, targeting 30500 Japanese yen are doing well right now, I am waiting for GDP Annualised news, with the previous: 1.3 the forecastings: -0.8 I expect high volatility to the...
The Nikkei and Hang Seng along with my local ASX200 are well under pressure today and may see further downside in coming sessions. In the video I take a look at the daily charts for my major Indexes and discuss where I see the risk and how I will look to trade any downside if this weakness continues.
Nikkei 225 Index Trend: Up Level: EMA 10, EMA 20, Diagonal, Horizontal
Many currencies look strong against the #yen. I have previously posted the $USDJPY chart, which shows that 119+ could be in the making. $GBPJPY presented here, much like $EURJPY, although the $GBP is looking a little stronger against the #yen. Notes on the chart. If this plays out and the yen continues to weaken, this will provide the Nikkei (Japan 225) a tailwind.
we have seen today big movement from bears at 114.23 resistance area and a good increase of NI225 index by staying above 200 moving average. 113.45 is an easy support area to break; by the breaking volume, we will see 112.047 - 112.247 support area start to attract bulls to enter the market. also, we will see some major news that will push the pair to high...