Nikkei to find support at previous high?NIK225 - 24h expiry - We look to Buy at 28250 (stop at 28075)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
We are trading at overbought extremes.
A lower correction is expected.
The bias is still for higher levels and we look for any dips to be limited.
Preferred trade is to buy on dips.
Our profit targets will be 28695 and 28745
Resistance: 29295 / 29710 / 30300
Support: 27880 / 27395 / 27050
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Japan 225
Nikkei rallies to be limited by a swing high?NIK225 - 24h expiry - We look to Sell at 28330 (stop at 28530)
We are trading at overbought extremes.
Prices spiked higher and stalled at resistance in early trade.
Further selling pressure led to a reversal in price action.
The current move lower is expected to continue.
Preferred trade is to sell into rallies.
The hourly chart technicals suggests further upside before the downtrend returns.
Although the anticipated move lower is corrective, it does offer ample risk/reward today.
Our profit targets will be 27760 and 27395
Resistance: 28505 / 29295 / 29710
Support: 27880 / 27395 / 27050
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Nikkei to stall at previous support?NIK225 - 24h expiry - We look to Sell at 28135 (stop at 28340)
Buying pressure from 27458 resulted in prices rejecting the dip.
We are trading at overbought extremes.
This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
The hourly chart technicals suggests further upside before the downtrend returns.
We look to sell rallies.
Our profit targets will be 27550 and 27395
Resistance: 27880 / 28505 / 29295
Support: 27395 / 27050 / 26710
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Nikkei remains a long.NIK225 - 24h expiry - We look to Buy at 28098 (stop at 27940)
Price action continued to range between key support & resistance (25535 - 28653) and we expect this to continue.
Short term bias is bullish.
Bespoke support is located at 28098.
Preferred trade is to buy on dips.
Expect trading to remain mixed and volatile.
Our profit targets will be 28469 and 28509
Resistance: 28276 / 28588 / 28731
Support: 28098 / 27864 / 27629
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Selling Nikkei into a rally.NIK225 - 24h expiry - We look to Sell at 28280 (stop at 28505)
Buying pressure from 27629 resulted in prices rejecting the dip.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
Preferred trade is to sell into rallies.
Although the anticipated move lower is corrective, it does offer ample risk/reward today.
Our profit targets will be 27705 and 27605
Resistance: 28505 / 29295 / 29710
Support: 27395 / 27050 / 26710
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Nikkei ETF's looking promising 2023+The Nikkei, also known as the Nikkei Stock Average , is a stock market index for the Tokyo Stock Exchange in Japan. It is often used as a benchmark for the performance of the Japanese stock market.
Traders use the Nikkei to track the overall direction of the Japanese stock market and to gain insights into the performance of specific sectors and companies. They may also use technical analysis and other tools to analyze the movements of the Nikkei and make trading decisions based on its trends and patterns.
In addition, the Nikkei is sometimes used as an underlying asset for financial instruments such as futures contracts, options, and exchange-traded funds (ETFs), which allow traders to speculate on or hedge against changes in the index.
NASDAQ still has NIKKEI bubble biasNasdaq remains neutral on both the 1D and 1W time-frames (RSI = 53.821, MACD = 70.300, ADX = 31.405). The failure to cross boave August's High maintains the Nikkei bubble comparison that we posted a few months ago. As you see this Nikkei fractal since 1970 that led to the Bubble burst 1990 matches almost perfectly Nasdaq's price action from the 2008 Bubble until today. In order to invalidate this and a second year of Bear Market, Nasdaq needs to cross above the 13,800 August High and make a Higher High. Will it succeed?
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Has Nikkei found a swing low?NIK225 - 24h expiry - We look to Buy at 27430 (stop at 27235)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A Doji style candle has been posted from the base.
We are trading at oversold extremes.
Price action looks to be forming a bottom.
This is positive for sentiment and the uptrend has potential to return.
Preferred trade is to buy on dips.
Our profit targets will be 27990 and 28505
Resistance: 27880 / 28505 / 29295
Support: 27395 / 27050 / 26710
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Nikkei 225 Cash index looking great with C&H to 30,629Cup and Handle formed on the Nikkei225 Cash.
The price broke above the brim level showing buy side liquidity on the up.
7>21>200
RSI>50 to 70
Target 30,629
My concern is that the price broke above the brim with a large green candle. Now as a trader, I would wait for a bit of a pullback to the brim level as a retest getting in at a conservative level.
INTERESTING FACTS
The Nikkei 225 is a stock market index that tracks the performance of the 225 largest companies listed on the Tokyo Stock Exchange (TSE).
The index was first introduced on September 7, 1950, by the Nihon Keizai Shimbun (Nikkei) newspaper, hence the name "Nikkei 225".
It's most widely quoted average of Japanese equities, and is considered a barometer of the Japanese economy.
The Nikkei 225 has a base value of 176.21, which represents the closing price of the index on September 7, 1950. Interesting because most base values of indices start at 100.
Some names you would know in the index is Mitsubishi, Sony, Toyota, Honda, Panasonic and Toshiba to name a few
JAPAN225 5th MARCH 2023The JAPAN225 (Nikkei index) is close to a significant resistance area, the possibility of a reversal or a change in the direction of the uptrend to a downtrend will increase. This is because a resistance area is a price level that has been tested before and successfully prevented the price from rising, so there is a possibility that this level will once again act as a strong resistance level and prevent the price from continuing to rise.
In addition, market conditions and investor sentiment can also affect the possibility of a reversal. If there are concerns or uncertainties in the market, investors tend to take a cautious approach and take profits from previous price increases, which can trigger significant selling pressure and selling off. This can trigger a reversal and result in a downward trend in the Nikkei index.
Reversals do not always occur every time the price approaches a resistance area. If there is strong momentum and strong fundamental support, the Nikkei index can continue the uptrend and break through the resistance level. Therefore, it is important for traders and investors to conduct careful technical and fundamental analysis to identify potential reversals and consider the risks and opportunities associated with trading in the Nikkei index.
Nikkei to stall at resistance.NIK225 - 24h expiry - We look to Sell at 27700 (stop at 27850)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
The hourly chart technicals suggests further upside before the downtrend returns.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Further downside is expected although we prefer to sell into rallies close to the 27700 level.
Our profit targets will be 27280 and 27055
Resistance: 27880 / 28505 / 29295
Support: 27395 / 27055 / 26710
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Buying Nikkei on dips.NIK225 - 24h expiry - We look to Buy at 27280 (stop at 27140)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
We are trading at overbought extremes.
A lower correction is expected.
The bias is still for higher levels and we look for any dips to be limited.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 27670 and 27890
Resistance: 27890 / 28505 / 29295
Support: 27395 / 27055 / 26710
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Nikkei to find sellers at market?NIK225 - 24h expiry - We look to Sell at 27545 (stop at 27635)
We are trading at overbought extremes.
This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
Preferred trade is to sell into rallies.
Although the anticipated move lower is corrective, it does offer ample risk/reward today.
Further downside is expected although we prefer to sell into rallies close to the 27545 level.
Our profit targets will be 27290 and 27050
Resistance: 27880 / 28505 / 29295
Support: 27395 / 27050 / 26710
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Nikkei to find sellers at previous support?NIK225 - 24h expiry - We look to Sell at 27310 (stop at 27425)
Previous support level of 27266 broken.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
We are trading at oversold extremes.
Short term bias has turned negative.
A higher correction is expected.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 26980 and 26700
Resistance: 27390 / 27815 / 28500
Support: 27040 / 26700 / 26270
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
**Long Nikkei Short DAXPost BOJ decision which is USDJPY supportive, we could expect the Nikkei to recover from recent weakness.
Since it remains a choppy Equity Environment, selling DAX against it (delta hedge) makes sense from a relative price perspective and looking at technical levels, along with oscilators.
Another way would be to buy Upside calls on Nikkei (cheap in Impiled volatilities) and selling upside on DAX (call vs. Calls strategy)
I will keep it plain vanilla though
Looking for Nikkei dips.NIK225 - 24h expiry - We look to Buy at 27300 (stop at 27135)
Selling pressure from 27741 resulted in all the initial daily gains being overturned.
The current move lower is expected to continue.
The bias is still for higher levels and we look for any dips to be limited.
Previous support located at 27266.
Preferred trade is to buy on dips.
Our profit targets will be 27770 and 27880
Resistance: 27880 / 28505 / 29295
Support: 27395 / 27050 / 26710
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Nikkei remains bullish.NIK225 - 24h expiry - We look to Buy at 27390 (stop at 27210)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Previous resistance located at 27812.
A lower correction is expected.
The bias is still for higher levels and we look for any dips to be limited.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 27840 and 27920
Resistance: 27880 / 28505 / 29295
Support: 27395 / 27055 / 26710
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Nikkei to stall at current highs?NIK225 - 24h expiry - We look to Sell at 27690 (stop at 27802)
Buying pressure from 27266 resulted in prices rejecting the dip.
The current move higher is expected to continue.
Previous resistance located at 27755.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
We look to sell rallies.
Although the anticipated move lower is corrective, it does offer ample risk/reward today.
Our profit targets will be 27410 and 27050
Resistance: 27700 / 28505 / 29295
Support: 27395 / 27050 / 26710
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Nikkei Japan Stock Index (About to Explode Up?)View On Nikkei Stock Index (13 Jan 2023)
Japan Stock index Nikkei was in the good run recently and it had met with the decent resistant near 276,00 region.
That is why we are seeing some pull back and it will go back UP anytime soon.
I see 26,800 as a strong support region and we shall look only for LONG as long as that region hold the price well.
Whenever the upswing return, we shall see 28,200 again
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Nikkei remains positive.NIK225 - 24h expiry - We look to Buy at 27245 (stop at 27130)
Selling pressure from 27807 resulted in all the initial daily gains being overturned.
The current move lower is expected to continue.
The bias is still for higher levels and we look for any dips to be limited.
Previous support located at 27168.
We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 27570 and 27825
Resistance: 27825 / 28505 / 29235
Support: 27400 / 27060 / 26720
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.