1. Introduction The Nikkei 225 is Japan's premier stock market index and one of the most widely followed indexes in the world. As the representative of Japan's economy, the Nikkei 225 includes many of the country’s most influential companies across various industries, such as Toyota, Sony, and SoftBank. With Japan being the third-largest economy globally,...
Following a healthy market correction, Japanese stock indices are now trading near lifetime highs, with Sony emerging as a standout performer. The company is a global leader in several key industries, including: -Gaming -Music -Movies -Photography & Videography Equipment -Imaging & Sensing Solutions (Semiconductors) -Financial Services Sony is also pushing...
A Rising Wedge Pattern is forming, so the Next Target is the Top of the Pattern or the Resistance line at JPY 1887. Take the chance to potentially make a +20% profit. Support me; I want to Help People Make PROFIT all over the world."
Possible head and shoulders pattern!!!! Note: in 4h frame the price reach the tip of uptrend channel, with nice rejection and went down! This H&S can give the continuation down! Remember: wait for confirmations..
Index Japan / Japan Index / JXY UPDATE
Index Japan failed to breakout the Resistance. It retest soon.
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
Nikkei has been on a strong 1D uptrend since the August rebound on the 20,115 1W Support and just recently 1D turned neutral (STOCHRSI = 53.869, ADX = 18.607, Highs/Lows = 0.0000) showing possible signs of exhaustion. The 1D RSI is on a bearish channel, diverging from the price action and that could be a first sign of a short term trend change. We have traced...
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 =...