Japan 225
NIKKEI 225 Monthly Forecast Movements 1-30 November 2022 NIKKEI 225 Monthly Forecast Movements 1-30 November 2022
We can see that for this month, the implied volatility is around 4.56%, rising 3.68% of last month.
This is currently placing us in the 25th percentile according to ATR and 83th according to JNIV
Based on this percentile calculation, on average the monthly movement for the candle(from open of the candle to the close of the candle) is:
BEARISH Candle : 4.7%
BULLISH Candle : 3.1%
With this in mind we can expect with a close to 23.4% probability that our close of the monthly candle is going to close either above or below the next channel:
BOT: 26600
TOP: 28630
Lastly, based on the calculations that we had for touching the previous candle high and low values, we can estimate that there is a :
80% chance that we are going to touch the previous monthly high of 27600 (already happened yesterday)
25% chance that we are going to touch the previous monthly low of 25600
Nikkei225 27635 Target Achieved, What Next?Technical & Trade View
Nikkei225 (emini futures continuous contract)
Bias: Bullish Above Bearish below 27000
Option Expiry:
27635 Target Achieved…New Pattern Emerging
Technicals
27000 is primary support
Primary pattern objective is 27900
Acceptance above 27635 next pattern confirmation
Failure below 26950 opens a test of 26750
20 Day VWAP bullish, 5 Day VWAP bullish
📖USDJPY-09/30/2022-Squeeze as much as possible out of growth📈📅 Date: 09/30/2022
➡️ Trading instrument: USDJPY
📊 Priority direction: BUY
💬 Comment: The current balance of the USDJPY currency pair in the price area of 144 - 144.70 indicates the further strength of buyers, and there is probably no point in hoping for a reversal now. Also, despite the fact that the dollar index (DXY) is now in a logical correction, JPY is more likely to continue to fall despite some "momentary weakness" of the US currency.
The upper border of the balance at the level of 144.70 is now in the focus, break upside is expected. This scenario is the most conservative. Target is at the level of 145 (145.20 and 145.40 can be considered).
The second variant of entering is the level 144.430, where the support line is located (acting as a price pressure to the level 144.70). At the time of writing this idea, the price is just at this level.
The third entry option is the bottom of the balance at the level of 144. There, one can expect a bounce up or a false breakout.
All three scenarios assume the growth of the USDJPY currency pair with a high degree of probability. Despite this, limit the risks according to the entry system.
➖➖➖➖➖➖➖
👍 Thanks for your comments and likes 👍
👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
The Nikkei considers a bounce ahead of the FOMC meetingThe Nikkei 225 has fallen sharpy towards (yet held above) the September low. A small bullish hammer formed on Thursday to show a loss of bearish momentum, alongside a false break of trend support. A bullish engulfing candle formed on Friday and closed above the 100 and 200-day EMA's. Its low also respected a 50% retracement level and closed back above trend support for a second consecutive day.
We therefore suspect a bounce is on the cards, although as markets are wary of the upcoming FOMC meeting we are also aware that any such bounce may limited, so traders would be wise to keep a close eye on price action and not expect oversized moves, unless a new catalyst arrives.
Low volatility retracements within Friday's candle could help to improve the potential reward to risk ratio for bulls.
A potential bullish outcome for equities in general is if the Fed surprise with a less-hawkish-than expected hike. We know 75bp is mostly priced in, so if they hint at a slower rate of hikes going forward, equities might be able to cobble together a relief rally. Whilst a hawkish hike would likely present indices with swing highs and another leg lower.
MAJOR INDICES in USD / WORLD GDPFormula: (Major Indices/USDxxx)/World GDP (Gross Domestic Product)
Indices: USA, Germany, Japan, UK, China. (all converted to USD)
After the 2008-2009 bottom, USA performed much better than other countries. So, what's next? We can expect other countries to perform better even a bit from now on. But that dosen't mean that the stock markets will rise. It's a bit confusing, because there are high differences between them, as seen. If we focus on USA, we can say that the stock market is expensive. But others don't tell the same. We will see...
Europe&Japan to perform better than USA from now on, 2-JapanComparision of "NIKKEI in USD dollars" to "SPX".
I am publishing the same for all (please see my other analysis): Germany, UK, France, Italy, Japan...
I ignore all the fundamentals and just make technical analysis . Fall of EUR&GBP&JPY and their stock market's negative divergence compared to USA (SPX) is about to end, I believe.
Important: This doesn't mean that the equities&indices are going to rise from now on. My analysis only says: Europe&Japan will perform better than USA. Just because they are very cheap.
NIkkei 225 10 year ProfileBOJ intervened for the first time since 1998, to prop up it's the YEN, with some speculation they likely sold a lot of their massive reserves of long end (10-30 year) US T Bills to buy back the Yen. This hypothesis appears supported by the lack of short end yield movement at 4-5a, EST at time of BOJ intervention announcement late last week. Of note in this chart are:
- Almost a decade long volume profile aligned with vPOC at 382 retrace.
- Structure of current price action seemingly mirroring the covid structure as represented by the fractal in light blue above.
SPXSPX Look how interesting. After this crisis that we are experiencing with the corona virus, several opportunities have arisen to buy assets over sold and giving a great asymmetry that is ridiculous. But, everything is not flowers, the government had to print money like never before, causing the dollar to depreciate and inflaming the consumer price index. Making it so that later (nowadays) I had to raise the interest rate. And that reflects everything on the chart. On the chart, we see a bullish continuation pattern. But for the moment he is under. It will probably only break this line when the US shows interest rate easing, causing investors to start exiting their bonds that are bad at the end and going back to equities, when this happens again, the bulls will boom and will start to dominate the market again.
Relative to this pattern on the chart it is called the descending megaphone. It tends to widen a lot when the market turns pessimistic. An example of this is the Nikkei index. It started to widen in the 1991's and only came out in 2013. And if we analyze the past, we see the pattern repeating itself again today, but not in a smaller size.
Joe Gun2Head Trade - NIKKEI at resistanceTrade Idea: Selling NIKKEI
Reasoning: Rallied into resistance
Entry Level: 28268
Take Profit Level: 27774
Stop Loss: 28368
Risk/Reward: 4.96:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Nikkei 225 Breakout - where to next? Weaker than expected growth in Japan led to markets expecting policy by the BOJ to be kept loose. This recent breakout now puts the index in positive territory YTD and it is now at a 7-month high. The question remains whether this is a breakout to be faded or has legs to move higher? The RSI seems to be rolling over from overbought territory. This could potentially setup a retest of the 28.364k former resistance level. The 50-day SMA also looks to be eyeing a golden cross with the 200-day SMA. The pattern that has emerged a flat sided ascending triangle is typically bullish.
NIKKEI 225 CFD BEARISH PATTERNJapan Economy Watchers Current Index was announced yesterday, below its forecast and also below its neutral line of 50, at 43.8, which can be used as a marker for downturn of the country's economy.
On a technical level Japan 225 CFD broke the support of the rising wedge pattern, also signaling a potential bearish move on the instrument. Both MACD and RSI indicators confirm the pattern, and in both the fast moving average is increasing the gap with the slow moving average, indicated best by the MACD histogram. This might be read as an indicator for big movement.
If the pattern gets confirmed the price might test its previous low at 27840. If the opposite scenario occurs, the instrument might test the previous support of the rising wedge at 28270.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NIKKEI 225 BUYCONFIRMATIONS
- I believe price is going to fall for the next 12-14 hours however reverse of the ascending redline located on my fib at 27962.
- I never want to say this is a "prime example" because things can change. But this is a pretty regular chat pattern that is forming a "rising wedge". This is a chart pattern I look for very often.
- Price has continued to respect my ascending trend line.
- Price is simply in an uptrend.
- 50 MA is right under price.
- Risk/Reward is 3:1
- Waiting for a shooting star or inverted hammer candlestick.
Nikkei 225 August 5th, 2022Nikkei has been rallying in the last few days, and broke a trend line. Everyone is wondering is it a reversal move or just a bull trap.
This is remain to see but for now I see pretty strong base to go higher. Saying that RSI is quite high, not oversold yet but compering to US indices JPN225 is less like to be severely oversold. Very likely the pullback is expected.
MACD looked like it was going to cross the signal line but not really, we might have one/two more bullish/consolidation days.
I'm going short but please do your own analysis - trading is risky
Nikkei filling a gapI think the Japanese and Asian markets will anticipate what will happen this week.
After a false breakout of a diagonal resistance marked in blue, there is a high chance of filling the gap that was left open, reaching at least as far as the correction of 0.618.
Then we will have a better definition.
Jamie Gun2Head - Selling NikkeiTrade Idea: Selling Nikkei
Reasoning: Targeting 78.6% Fibonacci, price breaking below support
Entry Level: 26708
Take Profit Level: 25893
Stop Loss: 26871
Risk Reward Ratio 5:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Nikkei 225 Potential Bullish ContinuationPreference:
On the H4, with price bouncing off the ichimoku cloud and moving in an ascending trend channel, we have a bullish bias that price will continue to rise from the pivot at 26880 in line with the pullback support and 50% fibonacci retracement to the 1st resistance at 28410 in line with the multiple swing high and 100% fibonacci projection .
Alternative Scenario:
Alternatively, price may reverse off the pivot and drop to the 1st support at 26000 in line with the pullback support .
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Elliott Wave View: Nikkei Zigzag Rally Approaching TargetShort term Elliott Wave view in Nikkei suggests the decline from 3/29/2022 peak is unfolding as a zigzag Elliott Wave structure. A Zigzag is a corrective structure labelled as ABC with 5-3-5 subdivision. Down from 3/29/2022 peak, wave A ended at 25555 and rally in wave B ended at 28401. Wave C lower is in progress as a 5 waves impulse. Down from wave B, wave (i) ended at 26195 and rally in wave (ii) ended at 26960. Index then resumes lower in wave (iii) towards 25615, wave (iv) ended at 26235 and final wave (v) ended at 25525. This completed wave ((i)) of C. Wave ((ii)) of C is now in progress to correct cycle from 6/9/2022 high before the decline resumes.
Internal subdivision of wave ((ii)) is unfolding as a zigzag structure in lesser degree. Up from wave ((i)), wave (a) ended at 26555 and dips in wave (b) ended at 26005. Wave (c) higher is in progress to complete wave ((ii)) before the decline resumes. Potential target for wave ((ii)) is 100% – 161.8% fibonacci extension of wave (a) which comes at 27040 – 27675 area. Index should then resume lower or pullback in 3 waves at least. Near term, as far as pivot at 28401 high remains intact, expect rally to fail in 3, 7, or 11 swing for further downside.
Why markets will fall this week (JPN225 analysis) Last week we saw a rally in all the stocks.
Looking at the indexes, we are seeing all of them being overbought on H4, h1, m30 and m15.
We are seeing the weakness in H1 and M30 and M15 on Nikkei.
We will sell with 500 pip stop loss and target close to 2000.