• Nikkei 225 reversed from support area
• Likely to rise to resistance level 30000.
Nikkei 225 index previously reversed up from the support area located between the strong support level 28350.00 (which has been reversing the price from February 1) and the lower daily Bollinger Band.
The upward reversal from this support area created the daily candlesticks reversal pattern Piercing Line – which started the active impulse wave 3.
Nikkei 225 is likely to rise further toward the next resistance level 30000.00 (top of the waves (b), B, 1 and (b)).
- 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…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
