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.
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.
