Nikkei 225 broke resistance level 27870.00 Likely to rise to resistance level 28765.00 Nikkei 225 index recently broke through the resistance level 27870.00 (which has been reversing the price from the middle of December). The breakout of the resistance level 27870.00 was preceded by the breakout of the 61.8% Fibonacci correction of the downward impulse […]
The post Nikkei 225 Wave Analysis appeared first on Action Forex.
Gold stages a rebound in short-term timeframe Upturn is not convincing; bulls need to overcome $2,650 Gold has been showing some signs of life over the past couple of hours but don’t get too excited Read more…
The USD/JPY pair has dropped to 151.56, marking a five-week high for the yen. Market speculations fuel the currency’s strength that the Bank of Japan (BoJ) might consider an interest rate hike as soon as Read more…
The Japanese yen is lower on Thursday, after climbing 2.4% over the past two trading sessions. In the European session, USD/JPY is trading at 151.83, up 0.57% on the day. On the data calendar, Japan Read more…