FXEMPIRE

Nikkei Forecast November 4, 2015, Technical Analysis

Christopher Lewis
Christopher Lewis
nikkei

While the Nikkei was closed during the Tuesday session, we are sitting right on top of a significant support level at the ¥18,500 level. On top of that, we have the Monetary Policy Meeting Minutes, so that of course can have quite a bit of an effect on the Nikkei and the Japanese yen as well. With that being the case, we are looking for some type of supportive candle in order to start buying in this region, or an impulsive candle. We have no interest whatsoever in selling this market as there is more than enough support just below.

 

Nikkei Forecast November 4, 2015, Technical Analysis
Don't miss a thing!
Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Latest Articles

See All

Expand Your Knowledge

See All

Popular

SymbolPRICEChange
EURUSDEUR/USD
GBPUSDGBP/USD
XAUUSDGold
CLCrude Oil
SPXS&P 500
Bitcoin
Loading
Loading
IMPORTANT DISCLAIMERS
The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.
RISK DISCLAIMER
This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.
FOLLOW US