The prior four days of the rally have reached an extreme overbought condition. Odds have increased for a minor pull-back scenario reinforced by the latest reading from the 4-hour RSI momentum indicator. Watch the 32,760 key short-term pivotal resistance with an immediate support zone at 32,120/31,620. In the past week, the Japan 225 Index (a […]
The post Nikkei 225 Technical: An Imminent Potential Minor Corrective Pull-Back appeared first on Action Forex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Storing small items can be a Read more…
New Zealand’s manufacturing sector continued to expand in February, with BusinessNZ Performance of Manufacturing Index edging slightly lower from 55.1 to 55.0. While the headline reading dipped marginally, the index remains comfortably above the 50 Read more…
Key insights from the week that was. The Westpac-MI Consumer Sentiment Index lifted modestly in March, up 1.2% to 91.6, still an outright pessimistic reading. The latest survey was in the field over the week Read more…