JP225 on the daily chart has retraced till the 0.382 fib level before moving in a consolidation range.
The market has bounced twice on the daily support creating a double bottom where it took the liqidity to start a new impulse to the upside.
If the market will break the triangle and consequently will break the upper daily structure, at the retest of it, we can...
Nikkei 225 is following an uptrend but approaching a big resistance. (end on correction)
We wait for price to break the trend-line and retest before considering a Short position.
From the 20000 levels is a good shorting opportunity on Nikkei down to 19000 levels or perhaps below.
With a proper SL you can make good profit. Calculate the risk and manage your margin levels and you could make it.
Yen is getting nasty leading against the dollar and some comdolls which might create pressure for Nikkie. Japan seeks to quarantine all overseas arrivals for 14 days which might create some issue to the travel and tourism sectors. The likelihood of the manufacturing recession deepening in the coming months is high. The latest data showed a sharp fall in...
So far, the closest match to the human coronavirus has been found in a bat in China’s Yunnan province. A study5 published on 3 February found that the bat coronavirus shared 96% of its genetic material with the virus that causes COVID-19.
Walking based on BAT because of BAT.
NIKKEI bounced off 23645.0 where it could potentially rise further to 24540.0.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Jpn225 - bearish outlook on the japenese nikkei index as price action is pressed below weekly supply. Current strength in jpy could continue if nikkei takes a dive.
Nikkei bounced off 23660.0 where it could potentially rise further to 24540.0.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Nikkei bounced off 23645.0 where it could potentially rise further to 24540.0.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Nikkei 225 bounced off 23645.0 where it could potentially rise further to 24540.0.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Perfect resistance line, the NIK225 has already been stopped twice in the above resistance line and it seems that this time it will also fail to break.
The Stochastic in Overbought, and has the same model as it had in the previous 2 times.
The trend is an uptrend but following the data we mentioned above, we recommend sell
Target: 22000
Nikkei shows Elliott Wave bullish sequence from December 26, 2018 low and August 26, 2019 low. This suggests that buyers are in control and favors further upside in the Index. The pullback to 21079 ended wave ((2)) and the Index has resumed higher in wave ((3)). Internal subdivision of wave ((3)) takes the form of a 5 waves impulse Elliott Wave structure.
Wave...
