• NIKKEI approaching resistance, potential drop!

    NIKKEI is approaching our first resistance at 22290.7 (61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 21472.4 (61.8% Fibonacci retracement , 100% Fibonacci extension , horizontal pullback support). Stochastic is approaching resistance as well where we might see […]

  • NIKKEI approaching resistance, potential drop!

    NIKKEI is approaching our first resistance at 22290.7 (61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 21472.4 (61.8% Fibonacci retracement , 100% Fibonacci extension , horizontal pullback support). Stochastic is approaching resistance as well where we might see […]

  • NIKKEI approaching resistance, potential drop!

    NIKKEI is approaching our first resistance at 22290.7 (61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 21472.4 (61.8% Fibonacci retracement , 100% Fibonacci extension , horizontal pullback support). Stochastic is approaching resistance as well where we might see […]

  • NIKKEI approaching resistance, potential drop!

    NIKKEI is approaching our first resistance at 22290.7 (61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 21472.4 (61.8% Fibonacci retracement , 100% Fibonacci extension , horizontal pullback support). Stochastic is approaching resistance as well where we might see […]

  • Nikkei approaching resistance, potential drop!

    Nikkei is approaching our first resistance at 21823.8 (76.4% Fibonacci retracement, horizontal swing high resistance, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 21414.3 (61.8% Fibonacci extension, 50% Fibonacci retracement, Horizontal pullback support). Stochastic is also approaching resistance where we might see a […]

  • Nikkei approaching resistance, potential drop!

    Nikkei is approaching our first resistance at 21823.8 (76.4% Fibonacci retracement, horizontal swing high resistance, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 21414.3 (61.8% Fibonacci extension, 50% Fibonacci retracement, Horizontal pullback support). Stochastic is also approaching resistance where we might see a […]

  • NIKKEI approaching resistance, potential drop!

    Nikkei is approaching our first resistance at 22320.0 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance where a strong drop might occur below this level pushing price down to our major support at 20303.4 (61.8% Fibonacci retracement, Horizontal swing low support) Stochastic is also approaching resistance where we might see a corresponding drop in […]

  • NIKKEI approaching resistance, potential drop!

    Nikkei is approaching our first resistance at 22320.0 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance where a strong drop might occur below this level pushing price down to our major support at 20303.4 (61.8% Fibonacci retracement, Horizontal swing low support) Stochastic is also approaching resistance where we might see a corresponding drop in […]

  • Nikkei approaching resistance, potential drop!

    Nikkei is approaching our first resistance at 22690 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 20855 (50% Fibonacci retracement, horizontal swing low support). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding […]

  • Nikkei approaching resistance, potential drop!

    Nikkei is approaching our first resistance at 22690 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 20855 (50% Fibonacci retracement, horizontal swing low support). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding […]

  • Nikkei approaching resistance, potential drop!

    Nikkei is approaching our first resistance at 22630.1 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 20855.7 (50% Fibonacci retracement, horizontal swing low support). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding […]

  • Nikkei testing major resistance, potential for a big drop!

    Nikkei (JPN225) is testing major resistance at 21409 (Fibonacci retracement, Fibonacci extension, descending resistance) and a strong reaction could occur from here to push prices down to major support at 20276 (Fibonacci extension, horizontal swing low support). We have to be cautious of intermediate support at 20759 (Fibonacci retracement, horizontal overlap support as price might […]

  • Is the fall of the Chinese stock market temporary?

    China’s blue chip index, the Shanghai Composite, fell 0.39% on Friday, while Japanese Hang Seng rose 0.28%. the Chinese index lost 3%, recording the largest decline since the market collapse in January 2016.

  • Global market relief may be short lived

    The unpredictability the North Korean leader remains the main risk factor and this will be reminded to us through out the medium term outlook. of the decisions of the North Korean leader remains a risk factor that can repeatedly remind itself of itself in the medium term.

  • Another currency to climb the peak

    The FED officials have not helped the Dollar, as Yen updates to a 5-month peak. The Nikkei index lost more than 300 points as market propelled the demand for the Japanese currency,