Double top on weekly The price of NIKI225 is formed a nice pattern Double Top Waiting the bar of this week to close strongly bearish then possible down wave till the strong wekly level 30000-30250 let us see....by MamounAliUpdated 112
Nikkei Intraday trading IdeaJapan225-Nikkei had a superb bull run yesterday. Due to US Indices choppy weak trendy today, it has followed and retraced nearly 50% of the move which is healthy. Major GDP data 10 mins before open will determine the next move. Expect a rug pull to yesterday's open-launch base to 32937-32905 or a wick down to 32837-Tuesday's VWAP to flush down the weak hands. Overall its a bull market trend and any major drop is strong buy with targets at 33314,33400,3346733585. Feedback is welcome. Thank you for reading. Longby trikkoneUpdated 2
NIKKEI Analysis: Japanese Stock Market OutlookIn the first half of 2023, the Japanese stock market was dominated by bullish sentiment due to (still) negative interest rates — while the rest of the G7 countries raised their rates to combat inflation. The NIKKEI-225 index grew by 30% in the first half of the year. But then the balance of supply and demand was achieved, judging by the daily chart, where a range was formed (shown in blue), framing the index’s fluctuations in the second half of the year. Judging by the change in the slope of the bullish trend lines, demand was sufficient to maintain the price at the lower limit of the range, but not enough to go beyond the upper limit. The situation is fundamentally reversed. While interest rates in the US, Europe and elsewhere are thought to be near the top, there is growing talk in Japan that the central bank will begin raising them after years of being stuck in negative territory: → Bloomberg: The next meeting of the Bank of Japan will be held on December 19 – speculation is growing that the Bank will move away from negative interest rates as early as this month. → Reuters: 22 of 26 economists (85%) surveyed in November believe the Bank of Japan will abandon its negative interest rate policy by the end of next year. The winding down of ultra-loose monetary policy could have a negative impact on the growth of Japanese companies - accordingly, the growing bearish sentiment is reflected in the index quote. Since the end of November, the NIKKEI 225 has dropped almost 5%. The chart shows that the November top: → did not exceed the annual maximum set in June; → only slightly exceeded the September high – in fact, a false breakout; → the price forms a rounding (shown by an arrow) - a sign of gradual depletion of demand, which is replaced by the dominance of supply. It is possible that the bears, which are gaining power, will be able to form a breakdown of the median line of the blue channel as early as December. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpenPublished 2215
Nikkei 225 H&S neckline breakoutNikkei has been struggling to get above 32800 and has formed a H&S and had neckline breakout. Prices should find support around 32500-32300. Head and shoulders at top have around 70% of success based on my trading statistics. Good luck :)Shortby KemsdaleUpdated 0
The End of the Currency Carry Trades Japan super cycle top NEAR The chart posted is that of Japan 225 . We are nearing the End of the cycle world wide Liquidity bubble DEFLATION in RISK ASSETS is nearing by wavetimerPublished 4
JPN225, Short setup, Head and Shoulder🚩 New Signal Notification 📣 Attention Traders! 📈🔍 🔹 JPN225, 8H, head and shoulder Short setup🔹 JPN225 broke out the neck line of head and shoulder yesterday. It is now further going to next support levels as shown in chart, 32505 and 32146. By Head and Shoulder target measurement, possible reach 32430 too. Resistance at 33103 the neck line. Good luck!Shortby ICT_Trader_SBPublished 6
JPN225 Analysis and break of structureJPN225 has been moving to the upside and recently broke this resistance. Now the resistance has turned into support, If it holds Jpn225 could move to the upside :)by TradeMarketWatchUpdated 4
Nikkei to find buyers at previous swing low?NIK225 - 24h expiry We are trading at oversold extremes. Short term bias is mildly bullish. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. Previous support located at 33100. Further upside is expected although we prefer to buy into dips close to the 33165 level. We look to Buy at 33165 (stop at 32965) Our profit targets will be 33665 and 33765 Resistance: 33650 / 34565 / 35045 Support: 32925 / 32360 / 31960 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.Longby OANDAPublished 1
MORE BEARISH MOVE FOR THE NIKKEIpullback and then a further move down until prices grabs the liquidity of the daily timeframeShortby Liquidity_GodPublished 2
Nikkei General MatrixArrows above or below the daily candles point the direction of a position taken at the close of the previous daily candle. Dots represent the trailing stop loss positioned above the highs or below the lows of bigger candles. We use the marked levels and the time stamps, or the price action around the shapes, to look for potential support and resistance levels, rebounds, candlestick shadows that might be left behind by the future direction of the price. A bullish candle can be the beginning of a bull move and the other way around for a bear candle. Not all candles are good signals and picking the right candles can be very tough, as some of them might end in stop losses without profits. Being in the right direction in the bigger moves which lead to trailing stop losses that close with profits can cover those losses and hedging positions in case of market indecision and consolidation can also be profitable, in case the market rallies after that consolidation: in this case, one position closes with a loss or break even (depending on the managing of the position), but another might position the trader on a power wave that leads to bigger profits. Such approaches can lead to nothing in stagnating markets and choppy waters. Higher volatility and a powerful momentum and trend, provides the opportunity for the bigger profits to be collected; but picking the right candles can also lead to interesting results, even when the moves are not that big.by nenUpdated 222
Japan is coming out of a 30 year stagnation trend. Get ready.The Nikkei seems to be completing a huge arc into a strong bull market morphing into existence for the coming months/years.Longby renatowcopyPublished 1
NIKKEI - Elliott WaveUpdated wave counts. Wave 4 completed, heading to complete wave 5 = wave (5) = wave ③Longby MasUpdated 2218
JAPAN 225 Super Cycle wave B TOP the last hours 34980The chart posted is that of the japan 225 we are nearing the Completion of the 5 waves up This should be a worldwide TOP the fib relationships are Wave A times 2.618 to = Wave C for wave B or wave 5 of III best of trades WAVETIMER by wavetimerPublished 1
NIKKEI Analysis: High of 33 YearsThe Japanese stock market index, made up of shares of 225 companies, is showing high volatility today, attempting to break through the September high. Reuters wrote that the index had reached its highest level since 1990. The record is due to low rates from the Bank of Japan, which are helping the country's export-oriented industry (in particular, the automobile industry) and financial sector to grow. At the same time, in various financial markets, Nikkei-related instruments may not have recorded a maximum in 33 years — the reason is liquidity and what appears to be the top of the market: → there was a massive liquidation of short positions; → major market participants recorded profits. Therefore, the daily candlestick on European Monday morning has a long upper shadow. Note that today's high could be a false breakout of the September top, which in turn is a false breakout of the August top. The chart shows that the price of NIKKEI is forming a tapering wedge pattern (shown with blue lines) pointing upward. A bearish breakout of this pattern could lead to the development of a downtrend. Something similar (but in a mirror image) was recorded at the end of October, when a downward wedge formed on the chart (shown by red lines, more clearly visible on the 4-hour chart). The breakout of this wedge led to a rally of over 9%. If the NIKKEI enters a downtrend, it could be fueled by rumors of an end to the low rate policy. Experts in the media are increasingly predicting this move by the Bank of Japan. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpenPublished 2218
Nikkei to witness new ATH soon?The Japanese index has been in a complex 4th wave since June 2023 which has now come to end and the index should soon move towards new ATH in the pending 5th wave. The 34K mark could be the new high that the index would be eyeing soon. Note*- This post is for educational purpose only.by neeraj_2_sharmaUpdated 117
Nikkei Horn at top of bull runA rare and high probability signal, Nikkei has printed a horn here in a bull run. These are historically rare on high tf and generally signal reversal.Shortby decklyndubsPublished 1
Nikkei Full Multi Timeframe AnalysisHey Traders, Alike many other indexes, the Nikkei has also rallied greatly and is inline with the current downtrend. Looking for short zones within this is how you trade reliably. Watch for more.Short03:31by WillSebastianUpdated 223
Nikkei to stall at current highs?NIK225 - 24h expiry Price action has continued to trend strongly higher and has stalled at the previous resistance near 33648. A Doji style candle has been posted from the high. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. We look to sell rallies. Although the anticipated move lower is corrective, it does offer ample risk/reward today. We look to Sell at 33470 (stop at 33670) Our profit targets will be 32970 and 32870 Resistance: 33650 / 34565 / 35045 Support: 32925 / 32360 / 31960 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.Shortby OANDAPublished 2
WHY ARE STOCKS REALLY UP JAPAN IS THE ONLY REASON Well it is time to show all the true reason the markets are being moved Not by the Fed It has been always the BOJ the carry trade . This a chart of japan nik 225 and we are fast approaching the the 34980 target I think this is going to be a real issue 2.618 by wavetimerPublished 2
NIKKEIWith the failure of the support zone, you can enter a sell position at the target of 30722Shortby FXSMARTTUpdated 2
QM and Dip-Down confluenceThe Asian markets tracked the US equity markets into negative territory. The Middle East conflict continued to weigh on market risk appetite. Fears of a wider regional conflict impacted the US equity markets on Friday. A pullback in 10-year US Treasury yields failed to calm the markets, with yields remaining elevated by historical standards. On Friday, the Dow fell by 0.86%, with the Nasdaq Composite Index and S&P 500 seeing losses of 1.53% and 1.26%. The losses set the tone for the Monday session. There were no Asian region economic indicators to distract investors from the Middle East conflict. Another spike in 10-year US Treasury yields added to the market gloom.Longby MtICHIUpdated 0
Take-off Nikkie and Yen Together to Skythe detail is shown in the above chart. I made this Idea based on Candlestick Analysis and Fibonacci Tool . buyers are burned in rectangle (0.5- 0.618 golden level retracement) therefore ,we can expect that JP index decreases step by step to 1.27 and 1.618 . Yen Is ready for Take-Off based on this published Idea Bullish Crab Harmonic Pattern Will start at 29.5k. Japan Is Best. Good Luck Longby SEYED98Updated 551
🚩 Red Flags in Trading Indicators: Will Nikkei's Rally Withstan📈 This week's glimpse? A peek at a higher low forming in Weekly. And, daily charts show the market's 🚂 losing steam against the trendline wall. 🕓 The 4-hour RSI reads 'tired,' hinting at a need for a market breather. And the 1-hour MACD? It’s leaning 🐻 bearish, suggesting a heads-up for a possible downtick. 🇯🇵 Meanwhile, the Nikkei is playing strongman 💪 compared to others. Will it keep up the solo act, or is it heading for a sync with the market's mood? Shortby GreenBkkUpdated 333