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Japan 225

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
Might be a good chance for a short on NikkeiNikkei looks to be on a desceding trend on the hourly chart. As we can see it broke downwards it's ascending trend and continued it's global image searching for lower lows, as it broke downwards an ascending trend developed in the daily chart. What we're looking here is that price has respected it's current trendline and failed to breakout ema's 50 giving out a tiring candle signal, that's the first bell indicating that a reversal is likely. According to it's current trend searching for lower lows, the price may search for a lower low around the orange indicated section as it is an important support, which is also close to fibbonaci's level 1.272 coming from the downward breakout from the previous uptrend. I'll operate this trade once the candle in the hourly chart closes red or giving a japanese pattern of reversal.
OANDA:JP225USDShort
by chemistrytrades
EW ANALYSIS: Risk-Off Sentiment Could Continue; NIKKEI+USDJPYHello traders! Today we will talk about Risk-Off mode over NIKKEI225 and USDJPY, where we see a tight positive correlation! As you can see, the main driver for the USDJPY sell-off was NIKKEI225, which may continue later this week, since we have seen an impulsive five-wave decline. In EW theory, after every five waves, a three-wave pullback follows and we can already see an a-b-c correction in progress, where wave »c« is still missing, so be aware of a Monday rally towards projected resistance areas, from where we may see another sell-off in the stock market and consequently also in the USDJPY! That said, in the NIKKEI225 futures chart, we are tracking a three-wave a-b-c corection, where 22000 resistance area can be tested, before we may see a sell-off continuation! So, as long as it's trading below 22780 highs, we will remain bearish! If we respect correlations, then it's similar with USDJPY, in which we think that 113 area, specifically 113.25 – 113.35 resistance area can be retested before another sell-off, so while it's trading beneath 114 region, we remain in the bearish mode! Early Monday moves are usually fake, so if we get a Monday rally within projected wave »c«, then this would be a perfect three-wave corrective rise that can be easily covered in the next days, when we expect another sell-off! Trade well! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
by ew-forecast