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Japan 225

NIKKEI approaching resistance, potential drop! Nikkei is approaching our first resistance at 20899 (100% fibonacci extension, 50% fibonacci retracement, horizontal pullback resistance) and a strong drop might occur below this level pushing price down to our major support at 18995 (61.8% fibonacci extension, horizontal swing low support). Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
OANDA:JP225USDShort
by Tickmill
Japanese Equities look vulnerable again for early 2019=> Japan is in a party of its own with inflation flopping for the millionth time again this year. This was not enough to keep equities afloat and here the risk of returning to 19,222 is significant. => Tracking 21,240 - 20,975 like a hawk. Breaking below these levels will imply that we are continuing the downtrend since September. => Taking these lows will open up an additional -9% to the downside which will be extremely tradable for the first Quarter of 2019 and beyond if the dark clouds keep coming. => Best of luck to those in Japan and Japanese Equities
TVC:NI225Short
by ridethepig
Can Aggressive Elliott Wave View In Nikkei Will Play Out?Nikkei short-term Elliott wave view suggests that the cycle from 10/01/2018 peak is showing 5 swings bearish sequence. This favor more downside to 19073-16773 100%-123.6% Fibonacci extension area to be reached in 7 swings before support for bigger 3 wave bounce is seen at least. The decline from 10/01 peak is showing overlapping price action thus suggests that decline is unfolding in a corrective sequence i.e could be unfolding as double three structure. Currently, the decline to 21075 low blue wave (W) lower. Above from there, a bounce in blue wave (X) took place as a Flat correction where red wave A ended at 21735 high. Wave B ended at 20950 low and red wave C ended at 21923 high which also completed blue wave (X). Down from there, blue wave (Y) can be completed at 19278 low. Above from there the index is expected to do a bounce in 3, 7 or 11 swings within blue (X)(X) of a possible triple correction lower. We expect short-term sellers to appear in 3, 7 or 11 swings on a bounce in blue wave (X)(X).
NShort
by Elliottwave-Forecast
USDJPY 118-120FX_IDC:USDJPY 118-120 BONOS OUTRAGEOUS PREDICTIONS FOR 2019-2020 SCENARIO: Let's say the Feds are bullish on INDEX:DXY and raises interest rates 3 more times in 2019 Again stocks DJ:DJI breaks down Inflation stays 2.2 - 2.6 JPY on other hand will continue to have negative GDP and growth stays nowhere They will continue to be good at money management and inflation stays low, maybe 1.1 - 1.5 TVC:NI225 will continue to rise Bond stays low Interest rates? Why bother, keep it at negative, -0.1 UJ LOOONGGGG! THIS IS NOT A TRADING ADVISE THIS IS FOR PERSONAL USE ONLY.
Long
by bono_trade-avenue