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.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
