The Nikkei had a positive session on Monday, as we continue to see buyers step into this market and try to elevated. In the meantime, one has to wonder
The Nikkei had a positive session on Monday, as we continue to see buyers step into this market and try to elevated. In the meantime, one has to wonder whether or not we can have any type of clarity. This is a very bullish outside green candle, so one has to think that if we can break above the top of that the market should then reach higher as it is a bullish sign. We have no interest in selling this market now, as it looks like the buyers started to get involved somewhere near the ¥16,500 level.
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.
