Tag: Nikkei 225

Sep 09
Nikkei 225 Wave Analysis – 9 September, 2022

• Nikkei 225 reversed from strong support level 27500.00 • Likely to reach resistance level 28800.00 Nikkei 225 index recently reversed up with the daily Hammer from the strong support level 27500.00 (which has been reversing the price from the end of July), intersecting with the lower daily Bollinger Band. The upward reversal from the […]

May 05
Nikkei 225 Wave Analysis – 5 May, 2022

• Nikkei 225 reversed from resistance area• Likely to test support level 26500.00 Nikkei 225 index recently reversed down from the resistance area located between the key resistance level 27425.00 (which has been reversing the price from last month), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from March. The […]

Jan 21
Nikkei 225 Wave Analysis – 21 January, 2022

• Nikkei 225 reversed from support level 27375.00 • Likely to rise to resistance level 27750.00 Nikkei 225 index today reversed up sharply from the pivotal support level 27375.00 (which reversed the index multiple times from May of 202 never allowing the price to fall far below this price level). The upward reversal from the […]

Jan 14
Nikkei 225 Wave Analysis – 14 January, 2022

• Nikkei 225 reversed from support level 27900.00 • Likely to rise to resistance level 28750.00 Nikkei 225 index recently reversed down from the key support level 27900.00 (which has been reversing the price from the middle of December), strengthened by the lower daily Bollinger Band. The upward reversal from the support level 27900.00 is […]