JPN225 trade ideas
Nikkei looking for a temporary move lower?NIK225 - 24h expiry - We look to Buy at 27855 (stop at 27635)
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.
The hourly chart technicals suggests further downside before the uptrend returns.
Further upside is expected although we prefer to buy into dips close to the 27855 level.
Our profit targets will be 28495 and 28595
Resistance: 28505 / 29295 / 29710
Support: 27880 / 27395 / 27050
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 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.
Jpy 225 long The pair has finished consolidating and is preparing to move higher. Long the pair and remember to put a s.l always.
JPN225 Index: Long Entry Opportunity after Touching ResistanceGreetings, fellow traders! Today, we'll take a closer look at the JPN225 index . On the four-hour timeframe, we can see that the index has recently touched its resistance level and is now retracing. This presents a potential opportunity to enter a long position in anticipation of a bullish move. My analysis suggests that the index is likely to continue its upward trend soon, providing a profitable trading opportunity.
As always, we remind our readers that this view is for educational purposes only and should not be taken as trading or investing advice. We recommend consulting with a financial advisor before making any investment decisions. Remember, in trading, price is the king of the market.
Thank you, and happy trading!
Regards,
Alpha Trading Station
Japan Nikkei repeating history?Shooting up 30% by September 2023?
If it repeats history, that is to be expected.
JP225USD SHORTOn the lower timeframe we are anticipating the index to create new lows by breaching the 26000 levels then retrace before completing the bearish slide to the unmitigated demand sitting at 23000-24000 levels. By the same measure we will see the same pattern imprinting itself on cross Yen pairs. We intend to place our sell orders once we see a break of structure and a retracement at the 28000 levels and take profit at 23300 levels.
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.
Bullish on Yens Long TermOn the monthly timeframe, began 2022 wicking off 38,2 and ever since have just consolidated
Very similar looking to all prior long term corrections; back during all the hoopla we saw price flirt with 2,618 expansion level, never quite breaking above it
If this March 2023 candle closes above the 20ma, it would lead me to believe the bulls are about to have their way as far as printing candlesticks goes
The 3,618 expansion level does coincide with the -41,4% level, which in my experience has been a commonly hit target if fibonacci is incorporated into the overall analysis
I do not typically use it but mainly on the Monthly/Weekly timeframes
Let's see if we do get some bull momentum here in the next 2 months...
my daily analysisIf the price reaches the specified area, you can enter the trade in a smaller time frame (5 minutes or 15 minutes) by getting confirmation.
♦️Please note that none of the analysis is a trading or investment proposal and the trader is responsible for accepting or not accepting these analyzes for his own personal trading.
Bearish ABCD Japan IndexThe Japanese index is ending a Bearish ABCD Harmonic pattern with a divergence on the RSI. It should be shorted to the levels highlighted on the right.
JPN225 forming Bearish DivergenceA short opportunity seems to be arising, as JPN225 touches its resistance at 28420 and formed a regular bearish divergence. Also as we can see on daily chart its perfectly following bullish path in a falling wedge. So this will be a short pullback and then we can open long positions again.
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.
Yen timeDisrepancy between EURJPY and Nikkei at an all time high, Japan 10yrs in positive yield undoing the carry trade, and a de ja vue of Dec 31 / 22 back on the cards ... Plus the safe haven play.
NIKKEI22 Potential for bearish drop to overlap supportLooking at the H4 chart, my overall bias for NIKKEI22 is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market.
Looking for a sell entry at 27419.15, where the overlap resistance is. Stop loss will be at 27844.15, where the recent high is. Take profit will be at 26517.50 where the overlap support is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
