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Nikkei 225 JPN225 CFD

NIKKEI's expected correction may be over...looking for LONGWe expected a corrective move on NIKKIE, the Japanese benchmark stocks index. As we mentioned previously we will remain bullish above 19000 area. On the other hand a bearish bais on a daily close below 19014. Price action in recent 5 days has been fairly corrective. Please bear in mind the NIKKEI AND YEN maintain a -ve co-relation much of the time. After Fed's last week rehtoric market is pricing risk-on mode. We expect YEN to weaken and NIKKIE to put more gains. As of now a bullish hammer is in place @ 19253 support. Although entering long is lucrative from a purely technical perspective. But we will be bit more conservative and wait for the confirmation of up-move. Thanks.... Trade with Care.... NOTE : IDEAS ARE PUBLISHED BEARING DAILY TIME FRAME SETUP ONLY...
FX:JPN225
by ashfaq.hussain.duggal
NIKKEI FORMED A WEDGE ALONG WITH RSI DIVERGENCEJapanese Nikkei-225 has made a wedge structure after year long downtrend broken in november 2016. Currently, If we look at equities asset classes, NIKKEI along with SPX500, DOW, DAX, FTSE all are vulnerable to a correction. Recent Oil sharp decline has cemented the case further. Technically nikkei is consolidating in 600 pips range since last three months but RSI divergence is posing that a down move may be on the cards. If price breaks above 19600 daily close, wait the move to be confirmed by RSI. On the other hand a bearish bias will be in place if 19000 supp is broken. Your capital is at risk... Trade with Care.....
FX:JPN225
by ashfaq.hussain.duggal
Nikkei 225 vs USDJPYHi traders, I just wanted to post this as part of sharing. I am not in this Nikkei trade, however I am currently in the USDJPY long trade (see related links below). The NIkkei 225 index is highly correlated to the USDJPY currency pair This completed a Bullish Bat pattern and even showed us an Inverted Head & Shoulders pattern at the PRZ, and has moved up since then. Same buy signals you see on USDJPY. Note : I won't be doing any updates on this post. Just for sharing purposes only
FX:JPN225Long
by BoonHooi
1
JPN225. Nikkei full of zigzags and patternsNikkei may have offered two following trading opportunities which are pairing with the zigzags we see on USDJPY forex pair. First of all, a bearish Cypher pattern has just completed today. I will short the market on opening, targeting 19215 and 18995. SL set at 19700. If the trade completes correctly, I will long the second pattern, a potential bearish Butterfly. To make it valid, we should not close the day above today´s high and below 19102. My target for the pattern is 20000 and SL at 18800 if the market gets to 19100 or 18992 values
FX:JPN225
by captain_smollett
Nikkei 225 Wave Count: One More RallyThe Nikkei is in a clear uptrend, as is USDJPY, and based on the extended first wave (if correct) we should see another rally before a drop of questionable magnitude. The Yen has been weak against all pairs, especially the USD, and this week may be a good buying opportunity. This is all pending a rally above the dotted trendline. I like a buy on USDJPY after a bullish impulse and if the Nikkei extends toward the 3=5 level, we will have an excellent selling opportunity ahead. Cheers
FX:JPN225Long
by glennmercer