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Nikkei: continues to go high

2023-09-06
175
Basic face analysis:

On Tuesday (September 5), the 225 Index closed at 89.50 points, an increase of 0.27%to 32989.50 points. The session exceeded 33,000 points, which was the first time since August 2, 2023. In the future, rising yields in Japan will lead to capital return, yen or appreciation, or impact the Japanese stock market.

Jpn225 four -hour chart



Technical analysis:

Looking at the 4-hour chart, the Nikkei index continues to be higher to 33,000. The MACD volume can maintain the volume on the zero axis, support the attention near 32800, and the resistance is near 33300-33500.

Resistance position: 33300 33500
Support bit: 32800 32500

Main selection strategy: 32800 to watch the bullish, target 33300 33500
Essential strategy: 32800 to see the drop below, target 32500 32200

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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