The Nikkei 225 rose during the course of the week, breaking to a fresh high. However, we still have quite a bit of noise just above, so although it looks
The Nikkei 225 rose during the course of the week, breaking to a fresh high. However, we still have quite a bit of noise just above, so although it looks as if we are going to go higher, expect a bit of volatility. If you can’t sit through it, then there’s no point in taking this trade. However, it does appear that the markets probably going to aim for the ¥18,000 level next as the Bank of Japan is finally getting its way when it comes to the Nikkei 225.
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.
