NIkkei 225 possible correction before continuation of downtrendBasis short term break of trendline, I assume the Nikkei 225 will proceed upwards to 31900, this is subject to the break above 31500 by Ranj80Updated 12
JPN225 ANALYSISThe move from Jan 23 has been impulsive by nature. The current correction is from June this year is corrective by nature and is taking a shape of a double zig-zag. The move up is expected to complete wave five targeting the 35171.09 market level @ which wave 1 will equal wave five. The market still remains the final arbiter. Longby Clapperton_6
Nikkei Long positionits looks that Nikkei at end of correction wave , it could bounce back any time soon , keep any aye on it, track it in STF for proper entry and Sl.Longby PRECHTER011
JPN225 Short Pivot: 31550.00 Our preference: short positions below 31550.00 with targets at 31230.00 & 31000.00 in extension. Alternative scenario: above 31550.00 look for further upside with 31750.00 & 31910.00 as targets. Comment: a break below 31230.00 would trigger a drop towards 31000.00.Shortby Daniel_Thompson1
Nikkei will targeting long Bank of Japan to guide YCC more flexibly, no change to rate decisionby RafiuddinRoslan4
✅NIKKEI BEARISH BREAKOUT|SHORT🔥 ✅NIKKEI was trading in an Uptrend but now we are seeing A bearish breakout of a strong Horizontal support level of 32,000 So I think that the index will go down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx7710
Buying Nikkei at pivotal swing low.NIK225 - 24h expiry - We look to Buy at 31770 (stop at 31475) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. We are trading at oversold extremes. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. The hourly chart technicals suggests further downside before the uptrend returns. Preferred trade is to buy on dips. Our profit targets will be 32610 and 34015 Resistance: 34015 / 35000 / 36110 Support: 30800 / 29810 / 28815 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 GroupNLongby VantageMarkets1
bearish hchWe come from the break of a bearish hch with its respective pullback at the 32600 levels. the visit to 32260 seems to be inevitable. In that area we would look to buy to look for previous highs.Shortby JAG_Trader111
Stock Index Review...Key Levels you need to watch!!We take a look at the Daily charts and price action on our Key Indexes. It is important to have a longer term view of the price action and risk levels on the key markets so we will discuss our major markets and what we are looking for in the video. We take a look at the following Key Indexes:- Nasdaq, DOW, DAX, FTSE, ASX200, Hang Seng and the Nikkei. *** Feel free to take a look at our profile page and Please Follow for more content *** *** Please Leave a Like and Comment if you enjoyed this video ***20:00by ReverseRetail16
Further upside is expected from Nikkei.NIK225 - 24h expiry - We look to Buy a break of 32430 (stop at 32190) Selling posted in Asia. Daily signals for sentiment are at oversold extremes. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. Indecisive price action has resulted in sideways congestion on the intraday chart. Further upside is expected, however, due to the strong resistance above we prefer to buy a break of 32430, which will confirm the bullish sentiment. Our profit targets will be 33030 and 33150 Resistance: 34015 / 35000 / 36110 Support: 32030 / 30800 / 29810 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 GroupNLongby VantageMarkets0
possible reversal on JP225Not a bad place to see a reversal from the top of the structureShortby MohMimTrades1
Stock Index Review - Key Markets and levels to watchWe take a look at the Daily charts and price action on our Key Indexes. It is important to have a longer term view of the price action and risk levels on the key markets so we will discuss our major markets and what we are looking for in the video. We take a look at the following Key Indexes:- SP500, Nasdaq, DOW, DAX, FTSE, ASX200, Hang Seng and the Nikkei. *** Feel free to take a look at our profile page and Please Follow for more content *** *** Pleas Leave a Like and Comment if you enjoyed this video ***19:42by ReverseRetail24
NIKKEI Uptrend And Support! Buy! Hello,Traders! NIKKEI is trading in an Uptrend and trend is your Friend so as the index Is retesting a horizontal Support of 32,000 I think That we will see a local rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too! Longby TopTradingSignals2213
NI225 LONG FROM SUPPORTNI225 is going down now but a strong support level is ahead at 31,874 this I am expecting a rebound and a move up towards the target at 32.600.Longby toatrades3
✅NI225 LONG FROM SUPPORT🚀 ✅NI225 is going down now But a strong support level is ahead at 31,874 Thus I am expecting a rebound And a move up towards the target at 32,600 LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx6610
any thoughts on NKD?looks like the overnight bets are that carry trade reverses any thoughts would be appreciatedLongby laurelweiner6
we still expect low levelsafter the sharp drop in the indices we expect a rebound in the J225. we will wait for a rebound to seek entry in shorts when the time is right. The low rating given by Fitch to the USA from AAA to AA+ has pushed the Sp500 down and with it the other international index. The price marked a low at 31677 . what we are looking for is that the price goes directly to 50% Fibo right at the 32565 level and from there it falls to 30550.Shortby JAG_Trader0
This is in troubleDidn't do a full analysis on this, but at a glance easy to see that this is at risk of getting slammed.Shortby JerryManders3
Bank of Japan sitting on the fence on easy policy exitCentral banks packed quite a punch last week. Unlike the Federal Reserve and the European Central Bank that raised policy rates by 25Bps, as was widely anticipated, the Bank of Japan (BOJ) on July 28 unexpectedly decided to tweak the Yield Curve Control (YCC) band. The BOJ begins its withdrawal from YCC It will now allow some deviation above the long-term rate cap of 0.5% and has raised the rate for its 10yr Japanese Government Bond (JGB) fixed-rate purchase operations to 1%. They are effectively doubling their YCC band as it has outlived its purpose over the last seven years. This is despite Governor Kazuo Ueda stressing the BOJs patience a week prior to the meeting leading to 82% of the economists surveyed by Bloomberg expecting no change. There is a strong likelihood the decision was made because the market was least expecting it, similar to the last YCC policy tweak made in December 2022. As it helps avoid the inevitable speculation about the impact of the change on the JGB curve thereby forcing the BOJ to step up its interventions. It’s hard to determine whether the new YCC with greater flexibility and nimble responses in its purchase schedule will achieve the BOJs goal of sustainable and stable achievement of the 2% inflation target. Longer dated JGB yields are likely to stay under upward pressure until clearer signs emerge that Japanese inflation and wage pressure are easing again. Core inflation at highest level since 1982 The deflationary headwinds confronting Japan have been around for decades. Signs of change have been seen in firms’ wage- and price-setting behaviour, and inflation expectations have shown some upward movements again (as seen in the chart above). Spring in Japan is the season for shunto, the annual wage negotiations between company management and unions. This year some firms have already announced significant wage hikes in response to a tightening labour market and rising inflation. May wages rose by 2.9%1. However, a large part of the increase was tied to bonuses. Real wages fell by less but continued to decline by 0.9%2. Japanese headline inflation stayed at 3.2% year on year in July for three consecutive months3. However, core inflation excluding fresh food and energy, reaccelerated to 4.2%, marking the highest level since April 1982. Looking ahead, headline inflation will likely slow owing to falling global commodity prices and base effects but core inflation will likely remain higher owing to structural change in the labour market. BOJ struck a dovish tone with below target inflation forecasts The BOJ’s inflation forecasts for the fiscal years ahead are expected to slow further. The BoJ lowered its (median) forecast for FY2024 to +1.9%4 and left its FY2025 projection unchanged at +1.6%3, in effect justifying ongoing easing from the Bank of Japan. BoJ Governor Ueda mentioned at the press conference that there is still some distance to foresee 2% price stability target in a stable and sustainable manner given our inflation outlook for FY2024 and FY2025. This echoes a dovish narrative on the new YCC regime and a continued communication that the BOJ intends to in effect ease policy by still increasing the monetary base via fixed operations. More volatility beckons for risk assets The initial response to the BOJs surprise decision was a sharp rise in Japanese bond yields. Japan’s benchmark bond yields surged, extending gains above the central bank’s previous 0.5% cap. The yen whipsawed, falling more than 1% before reversing course and rallying to trade about the same amount higher. On Monday 31st July, the BOJ sprung another surprise announcement (2 days post the BOJ meeting) of an unscheduled bond-purchase operation to stem the rise in yields5. The BOJ intends to purchase ¥300Bn of five-to-10-year notes at market yields. This serves as an important reminder that the flexibility is intertwined with opaqueness, as the BOJ can intervene at any time (between 0.5% to 1%) which will continue to stoke volatility across risk assets. The BOJ has positioned the YCC as enhancing sustainability of its current accommodative policy. With Japan’s monetary environment likely to be kept relatively loose, the yen is likely to trade in a volatile range for the remainder of 2023. Sources 1 Bloomberg as of 31 May 2023 2 Bloomberg 31 May 2023 3 Ministry of Internal Affairs and Communication as of 20 July 2023 4 Bank of Japan as of 28 July 2023 5 Bloomberg as of 31 July 2023 This material is prepared by WisdomTree and its affiliates and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of the date of production and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by WisdomTree, nor any affiliate, nor any of their officers, employees or agents. Reliance upon information in this material is at the sole discretion of the reader. Past performance is not a reliable indicator of future performance.by aneekaguptaWTE1
Nikkei to stem dip?NIK225 - 24h expiry - We look to Buy at 32105 (stop at 31905) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. We are trading at oversold extremes. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. Indecisive price action has resulted in sideways congestion on the intraday chart. Preferred trade is to buy on dips. Our profit targets will be 32605 and 32705 Resistance: 34015 / 35000 / 36110 Support: 32030 / 30800 / 29810 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.NLongby VantageMarkets2
Weekly Technical Analysis 31/07/2023Start your week by identifying the key price levels and trends. The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex. US TECH (1 day) US Tech bulls failed to reclaim 16k, but remaining above 15375 keeps the chances of a takeover high. Soaring higher will expose 16250, while a slide might open up 15k. GERMANY 40 (4 hours) The German index spiked to 16500 following the completion of a flag pattern at 15500, opening the door to 17k, with interim resistances at the round levels. Losing 16250 might see the index decline towards 16k. JAPAN 225 (4 hours) While Japan 225’s prices remain under the 34k handle, the potential completion of a pennant at 32k keeps chances of a breakout towards 35k relatively high. This prerequisites a retest at the peak and bulls recapturing 33730. Sliding under 32500 might see the index drop further. GOLD (4 hours) Gold’s price action suggests an inverse-and-shoulders pattern might have already been completed by $1955/oz, thus inspiring bets above $2k and potentially towards $2070 if $2045 gives in. $1955/oz must hold for further bullish PA, with prices easing more, opening up $1935. EUR/GBP (4 hours) The EUR/GBP pair might be in a broadening triangle pattern, pending rejection at the bottom trendline under 0.85. If bulls lose 0.8550 and the low of 0.8516, the chances of seeing the pattern complete will rise. Conversely, advancing past 0.88 could inspire bullish bets, paving the way towards 0.8630. USD/CAD (4 hours) The swing reversal at $1.3120 might be the bottom of a potential inverse head-and-shoulders pattern, with the current PA targeting the neckline shy of $1.34. Without reclaiming $1.33, bears might reverse bets, with a slide under $1.32 paving the way to $1.31, should the shoulder low gives in. GBP/JPY (4 hour) GBP/JPY appears in a breakout mode following the completion of a flag at 176.40, clearing the path towards 189.40 in the event of a 184.00 takeover. 185.00 and 186.00 can act as resistance levels on the way up, whereas a decline towards 180.00 will also expose 179.50 and the flag low. by Spreadex3
JPY 225 - fundamental and technical analysis - we will rise!Fundmental: Given the Bank of Japan's decision to maintain ultra-low interest rates while adopting a more flexible yield curve control policy, coupled with positive market reactions and the potential for policy normalization, there is a strong possibility that the JPY225 index will rise in the coming days. The move indicates confidence in Japan's economic recovery, leading to increased investor interest in Japanese equities. Additionally, ongoing monetary support and higher inflation expectations could further boost the index. However, investors should remain mindful of market fluctuations and global factors that may impact the performance of the JPY225 index. Thechincal We are in side growing trades testing again 33050-33200 level again, probably will not enough strengh so it will be time for correction, after break strong bullish movementLongby AlgoGains1
Buy on dip at 50DMA in Nikkei Japanese index Nikkei 225 (NI225) is in a nice bull run since Uncle Warren loaded up on the cheap Japanese equities. The index made a top at 33770 and has been consolidating since then for the last few weeks. Recently the index made a triple bounce at the 50 day simple moving average with the last push happening on the day of the BoJ MPC meeting decision. The price action on the index is nicely bullish and seems to be heading toward previous highs of 33770.Longby vipulmehta8179