Categories: Technical analysis

Nikkei 225 Wave Analysis – 21 May 2025

Nikkei 225: ⬇️ Sell

– Nikkei 225 reversed from the resistance level 38280.00

– Likely to fall to support level 36000.00

Nikkei 225 index recently reversed down from the pivotal resistance level 38280.00 (former top of wave 4 from the start of this year).

The downward reversal from the resistance level 66.00 created the daily Japanese candlesticks reversal pattern, Shooting Star.

Given the strength of the resistance level 38280.00, Nikkei 225 index can be expected to fall to the next support level 36000.00.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

Share
Published by
The FxPro Tech Analysis Team
Tags: Nikkei 225

Recent Posts

Forex has set its priorities

In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…

2 hours ago

Bear market rebound in crypto is likely to continue

Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…

3 hours ago

Coca-Cola Wave Analysis – 4 December 2025

Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…

16 hours ago

DraftKings Wave Analysis – 4 December 2025

DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…

16 hours ago

NVDA Wave Analysis – 4 December 2025

NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…

18 hours ago

Basic Attention Token Wave Analysis – 4 December 2025

Basic Attention Token: ⬇️ Sell - Basic Attention Token reversed from resistance level 0.2800 - Likely…

18 hours ago

This website uses cookies