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.
Nikkei225trade
Nikkei 225 Potential Bullish ContinuationOn the H4, with price moving above the ichimoku cloud and within the ascending trend channel, we have a bullish bias that price will continue to rise from our entry at 27760 in line with the overlap swing high to our take profit at 28410 in line with the 127.20% fibonacci expansion at the swing high. Alternatively, price may reverse and break the support level at our entry and drop to our stop loss at 27130 in line with the 61.8% fibonacci projection .
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.
JP225 (Nikkei 225) Index Intraday Technical Analysis:Today was a public holiday in Japan. The JP225 index which is aligned with international markets stayed sideways during the active Japanese session. Market once again took rejection from 27444. Effects of less hawkish US fed policy were seen in the Japanese market as well. My idea is that the JP225 will take rejection from 27444. My targets for intraday are entry at resistance of 27444. My goal is support of 27250 and retracement level of 27100.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
Great buy opportunity for nikkeiHi
In my elliott analysis, we are in second wave and the third (and very profitable wave) will be started soon.
Two target is shown in chart by fibo and resistance line.
Please like my idea if you agree with it.
Have good trade
Yours
NIKKEI 225 INDEX Bullish Bias! NIKKEI 225 INDEX traded in a tight wedge and it was broken
We are witnessing a bullish breach of the wedge,
and it is expected to retest the horizontal support at 26175.00 before moving up
It seems that NIKKEI 225 is destined to rise and retest the 29200.00 level
Bearish Signal on Nikkei 225 4hI have a Bearish bais on the nikkei with a stoploss @ 29,000 and a take profit @ 28,000.
NIKKEI 225 Index Target Price 29974.90Nikkei 225 Index
Trend: Up
Level: EMA 10, EMA 20, Diagonal, Horizontal
NiKKEI 225 (NI225) Potentially nearing '2B' reversal pattern.NiKKEI 225 (NI225) Potentially nearing '2B' reversal pattern.
Once prices breaks down below red line, potential confirmation of '2B' top reversal pattern completion.
Nikkei double top projecting 15% drop in the coming months This double top in the Nikkei would suggest about a -15% drop from current levels if it plays out. Break of the neckline and being long JPY (short XXXJPY) would be a way to play this like short EURJPY or NZDJPY
JP225 wiill be a bearish trend.This is a JP225 monthly chart.
It is forming “Black Swan”
So,It’ll be a bearish trend.
I think it's a good idea to set up “Short”,
and make profit at 24,000 JPY.
Good luck.
Bearish on NikkeiNI 225 looking to consolidated. Like IXI, we are more or less at the beginning of the downtrend. Some goals are provided in purple as well. RSI show dropping momentum.
None of the above is financial advice, please do your own research - your trades are your trades.
A combination of Elliott Wave and Price action analysis $NIKKEIIn this video, you will see the importance of the Elliott Wave and Price action trading analysis on the $Nikkei example and what trade to place
US30/Nikkei225 - (Continuation) SHORT; SELL it until ...... it can be shorted no more!!
Here is the original post;
Been making stupid amounts of money in this spread, ever since!3
Obviously, this still has quite a few country miles left in it (SHORT). - Then, on the top of it, factor in the currency differential and Baam! ... Probably the best (passive) index trade out there, bar none.
Negative divergent keep extending on Nikkei 225 weekly chartAs Nikkei 225 keep pushing higher, it continues to extend negative divergent. Given the size of divergent, it projects pretty large drop in Nikkei. Break of current steep rising trend line should do the trick.
Have a good trade everyone,
T.
Nikkei Index futures forecast 2020Nikkei Index futures are moving higher breaking price levels from September 2018. As expected and mentioned in previous Nikkei 225 index analysis, a new strong bullish impulse has been created around 23,572 price level. The strength of that movement has turned that bullish impulse into a strong demand imbalance for the Japanese index. The timeframe attached corresponds to the weekly timeframe. That means that every candlestick represents a week of time. For many of you intraday and shorter stock traders, that will be like a lot of time. Unfortunately, time flies and a few weeks of time can pass in the blink of an eye.
There is definitely a bullish bias on the Japanese Nikkei 225 index for the year 2020 and 2021. A lot of things have to happen for the index to reverse and give us a bearish bias. As supply and demand traders, we do not need to take into consideration any type of fundamental analysis for the Japanese index, price action and the strength of the imbalances is what matters the most.
Nikkei 225 - Will the market Fade to a consistent level?➖⚡➖ KEY TAKEAWAYS ➖⚡➖
✔️ Strong rally only natural to retrace
➖⚡➖ TECHNICAL ANALYSIS ➖⚡➖
Bullish Outlook:
A break above the most recent level of ascending resistance (in yellow) would expose further upside
Bearish Outlook:
I think it's only natural to see some profit taking on a strong bullish rally. Question is though, how much of a retracement should we expect? Well historically speaking, the 50% fib level is the most common level.
Regards,
Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc.
RISK DISCLAIMER
Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
NIKKEI225 LONG; Best of the G10, long term.Currently the best outlook of the developed markets.
- As opposed to the DAX and US Equities, the former being an absolute dog, the later under a mass delusion price wise.
The DAX
E.g. If one must be long Equities, the proper spread would be LONG NIKKEI, CAC, SHORT Dow, DAX.
This spread has an annual 8%-10% advantage, including FX differentials, over any other G10 Equity Long!
Nikkei 225 (NKY NI225 JPN225) - Breakdown - Now at Demand ZoneTVC:NI225 has broken down from the uptrend, however now in demand zone.
