Recent decline in the Nikkei 225 has managed to stall again at the key 200-day moving average with positive momentum seen in the hourly RSI indicator. Bank of Japan’s (BoJ) latest quarterly outlook report will be closely watched; upbeat inflationary forecasts for FY 2023/2024 may signal a faster pace of monetary policy normalization. The TOPIX […]

The post Nikkei 225: Short-Term Positive Momentum Emerged ahead of BoJ appeared first on Action Forex.