As the chart shows, Japan’s Nikkei 225 stock index (Japan 225 on FXOpen) today approached its historic peak (B) around the 43,900 level. Bullish sentiment was driven by political news. According to Reuters, Prime Minister Shigeru Ishiba has stepped down. The leading candidate to replace him, Sanae Takaichi, is regarded as a supporter of stimulus […]
The post Nikkei 225 Rises Following Resignation of Prime Minister Shigeru Ishiba appeared first on Action Forex.
Daily Pivots: (S1) 182.16; (P) 182.69; (R1) 183.51; More… EUR/JPY edged lower to 181.85 but quickly recovered. Intraday bias stays neutral first. On the downside, below 181.85 will target 180.78 support. Decisive break there will Read more…
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Daily Pivots: (S1) 0.8621; (P) 0.8636; (R1) 0.8653; More… EUR/GBP is staying in consolidations above 0.8615 and intraday bias remains neutral. Further decline is expected as long as 55 D EMA (now at 0.8691) holds. Read more…