The price of Nikkei 225 in heading in the direction of 40060.0000. Despite the recent breakout through 40280.0000 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
Related Posts
There is a possibility of a big movement on Nikkei 225 after a breach of the support
Nikkei 225 moved through the support line of a Channel Up at 39983.92307692308 on the 1 hour chart.…
After testing the support line numerous times, DAX 40 is once again approaching this line. Can we expect a bearish trend to follow?
DAX 40 is moving towards a support line. Because we have seen it retrace from this line before,…
FTSE 100 is approaching 8851.1904. We expect either a breakout through this line, or a rebound.
FTSE 100 is moving towards a resistance line. Because we have seen it retrace from this level in…