• Nikkei 225 broke support level 29200.00
• Likely to fall to support level 28275.00
Nikkei 225 index recently broke the support level 29200.00 intersecting with the 50% Fibonacci correction of the upward impulse 1 from last month.
The breakout of the support level 29200.00 accelerated the active minor impulse wave c of the ABC correction 2 from the start of April.
Nikkei 225 is likely to fall further toward the next support level 28275.00 (double bottom from March and the target for the completion of the active wave 2).
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
This website uses cookies
