The Nikkei 225 initially fell slightly during the course of the session on Monday but turned around to explode to the upside. At this point in time, looks
The Nikkei 225 initially fell slightly during the course of the session on Monday but turned around to explode to the upside. At this point in time, looks as if the Nikkei 225 market is ready to continue going higher, perhaps reaching towards the ¥17,500 level. Pullbacks at this point in time should continue to be buying opportunities as we have obviously broken out to the upside, and with that being the case I feel that the market continues to look at pullbacks as value in a market that most certainly is supported by the Bank of Japan.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
