JPN225 1440 - ABCD Emerging : 2 hours agoABCD Fibonacci pattern identified at 6/19 07:00. This pattern is still in the process of forming. Possible bearish price movement towards target levels ranging from 39,011.05 to 36,868.95 within the next 8 days. Expiry Date/Time: 6/27 08:47Shortby ronlobo1
JPN225 240 - Channel Up Emerging : 2 hours agoChannel Up identified at 6/19 03:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 39,519.47 within the next 5 days. Expiry Date/Time: 6/24 03:40Longby ronlobo1
JP225 swing tradeI entered a short position on the Nikkei225 index. These are the key economic factors and how they impact this trade idea, be it positively or negatively I will give each factor a rating, if the rating is 0, then this factor does not help our position, if it is 1 and above it supports our trade. Economy 1. Inflation(CPI) We have seen a cooldown in inflation to 2.5% which is decent inflation that supports stocks, therefore it supports indexes. For this trade, it is a negative factor, because we want to short the Nikkei. So this factor gets a 0/1 2. Interest rates The latest hike in interest rates is a negative factor for the Nikkei, this year the BOJ is expected to hike rates more, therefore not helping the index. I'm giving this a rating of 1/1 3. GDP The past 6 GDP filings have been bad for Japan(except for the one in March we got 0.1%) so it is good for our trade idea, I'm giving it a 1/1 4. PMI Both the Services and Manufacturing PMIs show an expansion in Japan's economy, therefore being bad for my position. I'm giving this a 0/2(there are 2 possible points because I count Manufacturing and Services as two separate factors). 5. Retail sales have shown us a decrease starting from April 2023 when we were at 7.20%. Now we are at 2.4% with the latest release beating the forecast significantly, therefore it gets a 1/2 6. Unemployment recently has shown an increase, starting from Jan. 2024 when we were at 2.4%, to now at 2.6%. Overall we have a steady, range-bound unemployment, in the range of: 2.5%<->2.7%. I'm giving this a 1/2 rating because unemployment has increased, but not drastically. Sentiment 1. Seasonality. Over 10 years the expected result of this month is -1.4% and next month is expected to be -0.8%. The five-year average suggests an even bigger downward momentum. It is expected by both the 5-year and 10-year averages to see a downward move for the rest of the year with a few slightly positive months. Therefore I'm giving this a 2/2 2. Retail positioning shows us that 64% of people are positioned long, we need to take this as an opposite signal because statistically, the masses of people are wrong. Therefore it gets a 1/1 3. COT the latest filing shows us that there was a -7.81% net change in positions, which indicates that large institutions may be starting to sell, the actual long/short contracts show us that only 30.7% of institutions are short, but this is a metric that needs time to change. Also, we see a level at which short positions start to increase and long positions decrease. Therefore I'm giving this a 3/4 Technical I entered based on an "active zone" I took the entry as shown on the chart, if the index falls rapidly I will add another position, but we have to wait for that. The entry is good so it gets a 1/1 Summary Trade expected RR: 3 Total points 11/17 64% analytical expectancy. This is good as most of my positions are often 50% to 60% Shortby KristupasNa4
Nikkei Index Falls Below 38,000 Points This Month for First TimeNikkei Index Falls Below 38,000 Points This Month for First Time According to today's Nikkei 225 (Japan 225 on FXOpen) chart, the index quote dropped below 38,000 points at Monday's low, followed by a recovery (shown by an arrow). One of the drivers of the decline was the automotive sector, whose shares led during the downturn. In particular, according to Reuters, Toyota Motors' shares fell by more than 2% as the company faces difficulties due to a certification scandal. Japanese national broadcaster NHK reported that Toyota will extend the production halt for some models until the end of July. The fact that the Nikkei 225 (Japan 225 on FXOpen) price is recovering after dropping below the 38,000 mark suggests a false bearish breakout below this psychological level. Technical analysis of the Nikkei 225 (Japan 225 on FXOpen) chart provides more insight into market dynamics: → Since the beginning of 2024, there has been a sharp rise from point A to point B by more than 20%; → This was followed by a retracement to point C, which constituted a Fibonacci 0.500 proportion of the A→B impulse; → Then there was a rise from C to D, forming a Fibonacci 0.382 proportion of the B→C impulse. Thus, in the first half of the year, there has been a series of diminishing oscillations forming a triangle pattern, indicating a balance between demand and supply around the 38,380 axis. Today's potential bullish reversal (which is not yet fully formed) could confirm the relevance of the triangle's lower boundary and direct the price towards its axis. It is worth noting that the triangle boundaries are narrowing, and a possible imminent breakout of this graphical pattern, formed in the first half of 2024, could lead to the establishment of a noticeable trend. Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen. 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 FXOpen117
NIKKEI Rather long way until it bottoms but then +60% upside!NIKKEI (NI225) offers a very consistent long-term pattern when you look at it on the 1W time-frame. As you can see periodically, every roughly 3 years it peaks and then starts to correct through a Channel Down pattern towards the 1W MA200 (orange trend-line). It was only fairly recently (in relative 1W terms) that the index sought and found support on the 1W MA50 (blue trend-line) in October 2023, which started the rally leading to the March 2024 peak. If it follows the corrective Channel Down pattern that has been in effect for the past 9 years (since June 2015), then we may be a long way until we find a bottom. The process doesn't need to be an aggressive one, in fact the last Channel Down that started in February 2021 bottomed in a long but very steady manner in March 2022 and even had a long bottoming process that lasted until January 2023 before the recent massive rally was initiated. The 1W RSI patterns among those fractals are similar, so far in fact it is similar to the mid 2023 one that, as we mentioned above, 'only' corrected to the 1W MA50. As a result, we are expecting the current pull-back to extend at least as low as (near) the 1W MA50. If it breaks, we will only buy after it makes contact with the 1W MA200. The Target process has also been very consistent throughout those 9 years, with each rise from the bottom being roughly over +60%. As a result, from the level the index bottoms, our Target will be at +60%. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot15
Bullish momentum drags Japan downIndices outside Europe traded higher yesterday and the right-wing-weighted European elections pushed Macron in France to call for early national elections. Meanwhile, the euro fell to a record low and European equities suffered from the result. In contrast, the rest of the international indices started their sessions in positive territory, although not all of them ended in the same way. In the case of the US market, the Dow Jones rose +0.18%, the S&P500 +0.26% and the Nasdaq +0.35%. NIKKEI 225(Ticker AT: JP225) closed down on Monday at 39,096 points, today, with the European political inertia, the market opened at 39,168.50 closing at 39,128.50 points. The index has grown by 21.42% this year. This week, the US monetary policy news added to the Bank of Japan (BoJ) report may strongly affect the index in two days. The weakness of the Japanese yen against the dollar may mark the Japanese basket higher and the governor may try to restrain the currency again. The general sentiment on the index is Strong Buy for investors. Looking at the chart, the RSI is currently at 57.01% in the middle zone. The price bell that has been forming on the daily chart on the NIKKEI 225 is a triple bell with the upper bell at a high trading level, with the control point (POC) at 38,653 points. If we look at the inertial movement of the chart, there has been a bounce in the correction at 36,650 points zone and currently the price is trying to look for a return to the most traded zone at 39,942 points. If this first price resistance is overcome and the index delivers strong corporate results, we will begin to see the one-day timeframe for the highs target to be reached. At the moment the index, like many other indices is at all-time highs. So it remains to be seen how long this euphoric time lasts in a market with really high inflation. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. Longby ActivTrades5
JP225 GRAVITY IMMINENT. CORRECTION IS NEXT.JP225 is already heavily overbought at the current pricepoint and an imminent correction is in order. NET buying has been fading.. 4h lower highs has been spotted -- conveying weakening long momentum. Expect some trim downs from this levels: 28400 TAYOR.Shortby JSALUpdated 6
Nikkei 225 (JP225USD) Short: Start of Wave 3 down1. Completion of double combination wave 2 2. Start of Wave 3 down. 3. Expects Nikkei to fall to 32323Short06:36by yuchaosngUpdated 4
Nikkei, bias to look for short...BUTHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Bias to look for short on Nikkei, but let's see how, the price action seems choppy lately.. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. ********************************************************************* Shortby Shadowing_The_Big_Boys1
J225 - BUYJ225 Moving in Bullish Parallel Channel with making HH and HL at 4H TF. Price is at lower trend line of Channel and Fib 79% completed here.Longby aliejaz732113
NiKKEi the Empire who saw Tomorrow 100 years ago the OG in quantitative zero cost coupons and negative rates with subways in the 1930s touchscreens ai robotics in the 70s and rise of gaming in the 80s still is a decade ahead among developed countries and 100 years++ ahead the rest of the emerging economies by senyorUpdated 9912
Nikkei 225 is at flag supportIntraday Update: The Nikkei is flirting with flag support. A breakdown lower could put a bid in the #JPY. This market is underperforming the ROW for the most part which is a departure from most of 2023.Shortby ForexAnalytixPipczar2
JPN225 Buy SetupMonthly & Weekly timeframe above the could H4 breaking out the cloud for a buy setupLongby Obreezy5Updated 2
Nikkei 225 Bullish Weekly Close outA very good time to long nikkei. Look at this beautful trend. Excellent time to take standby money and pile in. Longby pipsqueak3165
Correlation between indices is likely. (bullish idea)Dear analysts and traders, I trust this message finds you in good health and high spirits as you prepare to approach the upcoming week with renewed vigor. I extend my best wishes for continued success in all your business pursuits. It is essential to emphasize that sustained success in business hinges significantly on the consistent establishment and adherence to your principles. As an advocate of the Elliott Wave principle, I regard this methodology as a valuable instrument for market analysis. Over the past three years, I have honed my approach by amalgamating this principle with a meticulous evaluation of diverse market scenarios. I strive to mitigate market uncertainties by upholding a broad spectrum of market perspectives, enabling me to discern market structures with utmost precision. I am pleased to share my analysis with you, with the disclaimer that I do not offer buy or sell recommendations. My perspective on analytical ideas remains entirely impartial, and if my analysis aligns with your standards, it can serve as a compass for informed decision-making. I have enclosed my prior analysis of the same market for your perusal and comparison. All aspects of my analysis are clearly delineated for clarity. Nevertheless, familiarity with the Elliott Wave principle theory facilitates comprehension of the analytical concept. I apologize for the repetitive nature of the text, as my week is occupied with formulating analytical and educational ideas, as well as engaging in trading activities and managing my social networks. Due to time constraints, I am unable to provide textual explanations for every idea, hence the inclusion of a separate text alongside the labeling. Should the text be unclear, I am available to elucidate the key points. My rigorous study of the Elliott Wave Principle spanned nearly three years, during which my grasp and utilization of this invaluable tool evolved. My progress thus far stands as a tribute to the legacy of Ralph Nelson Elliott, whose brilliance underpins my accomplishments. May he rest in peace. I am grateful for your unwavering support and benevolence, and I eagerly anticipate your feedback and constructive criticism. May my analysis serve as a valuable asset in your business endeavors, and I remain yours sincerely, Mr. Nobody Bearish market scenario: corrective pattern with a bigger wave (double zigzag and triple zigzag) Longby mehdi47abbasi797
JP225 Trade BreakdownSimple short position taken on JP225 Wednesday. Full breakdown in recap, thoughts behind the trade, why I took it and also my review of the position afterwards. 11:49by JordanWillson5
RR=3 buy ideatrend strongly bullish + bullish butterfly pattern + Strong RSI divergence + breakout of triple bottom's neckline followed with a pullback PS never risk more than 2% of your capital per tradeLongby slim71
Bullish Signs for JPN225 Long-Term OutlookHello Everyone, The daily support for JPN225 appears to be resilient, with the 1M PP serving as a reliable support level. All indicators point towards a long-term bullish outlook! TradeWithTheTrend3344 Longby TradeWithTheTrend33442
NIKKEI Is it worth buying here?Nikkei (NI225) is about to test the 1D MA50 (blue trend-line) for the first time as a Resistance, following the bearish break-out on April 15, which was its first breach since November 02 2023. This is a very consistent behavioral pattern with both of the previous two corrections of the 2-year Channel Up pattern. As you can see, reclaiming the 1D MA50 wasn't enough for either correction to make the index resume the uptrend, even closing above the 0.786 Fibonacci retracement level didn't guarantee it. What did form the index' bottom however, was the 1D RSI touching the 30.00 oversold limit (green circle). At the moment the index is rebounding off such an RSI test. This means that this time we may see the recovery much earlier, so once we close a 1D candle above the 1D MA50, we will turn bullish again, targeting 46000 (Channel's top and below the minimum +31.73% of Bullish Legs patterns). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot10
Double Top Short position on JP225 on Daily As market structed a double top, broke support than on testing of the now resistance this week everyday the sticks are negative Making me believe that we bout to see sell of And all Indices and Spots look to be selling you know what they say Takes long to climb up but goes down as if it went out of the windowShortby AlbertPhoshoko2
Nikkei to form a higher low?JP225YJPY - 24h expiry Price action looks to be forming a bottom. Short term bias is mildly bullish. Preferred trade is to buy on dips. The hourly chart technicals suggests further upside before the downtrend returns. Further upside is expected although we prefer to buy into dips close to the 37830 level. We look to Buy at 37830 (stop at 37530) Our profit targets will be 38580 and 38680 Resistance: 38570 / 41135 / 42120 Support: 36990 / 35705 / 34425 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 OANDA4
JPN225: Day Low Amid Long-Term Bullish OutlookHello Everyone, While JPN225 is presently at its daily low, there's a bullish long-term sentiment. The current emphasis is on maintaining a price position above the weekly Pivot Point. TradeWithTheTrend3344 Longby TradeWithTheTrend33441
Nikkei index analysis. Swing trade signal!!!Hello everyone. i want share my idea about Nikkei index. First i want introduce what is that index. Nikkei (Nikkei 225 stock average) is a price-weighted index which composed of Japan top 225 companies which traded on the Tokyo stock exchange. This index was long time almost 2 years in bullish trend but Japan government decide to take care for yen and they are going to cut rates which will have effect at the index, i think hedge funds will take their profits soon and if it will not change trend we will get big correction which i think is perfect at the moment for catch it. if i have fundamental reason for that i will try to short it from my marked point which is at 40174, here i have resistance and at resistance we see fair value gap, if we will use Fibonacci addition it shows perfect entry point exact at resistance and 4h fair value gap. I am going to open here swing trade, my entry point will be 40174, stop loss at 40749 and take profit who knows? i will follow price action if i will be right. if trend will not change i am waiting only short signal from that index i think it will be correction an the correction need to be huge. Always make your own research!!! manage your risk!!!Shortby elmakachoUpdated 6