The Nikkei as you can see fell during the course of the day on Tuesday, as we continue to consolidate in this general vicinity. That being the case, we
The Nikkei as you can see fell during the course of the day on Tuesday, as we continue to consolidate in this general vicinity. That being the case, we feel that the market should find buyers in this region, so that being the case we feel that it’s only a matter time before the market bounces yet again. On the other hand, the market appears that it might take its own time, but we do believe that this market will continue to go higher given enough time. This is more or less going to be a long-term market more than anything else.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.