The Nikkei gapped higher at the open on Thursday, as we are starting to see a bit of stability in the stock markets around the world. With this, we can
The Nikkei gapped higher at the open on Thursday, as we are starting to see a bit of stability in the stock markets around the world. With this, we can break above the top of the range for the Thursday session we would be buyers. We believe that the Bank of Japan will continue to support the Nikkei 225 in general, and of course if we can get more weakness in the Japanese yen that should of course support the stock market as well. We are buyers, and have no interest whatsoever in selling this market right now.
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.
