A Channel Down pattern was identified on Nikkei 225 at 38850.0, creating an expectation that it may move to the resistance line at 39044.5000. It may break through that line and continue the bullish trend or it may reverse from that line.
Target: 39044.5 Entry: 38850 Stop: 38350
DAX 40 has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait
USDJPY has broken through 156.5280 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists,
Nikkei 225 is heading towards a line of 40945.0000. If this movement continues, the price of Nikkei 225 could test 40945.0000 within the next 2 days. But don’t be so