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Japan proposes to abolish the upper limit on the number of people at the new crown border
2022-06-08
990
Fundamental analysis:
The Nikkei 225 index closed up 17.11 points, or 0.06%, at 27933.00 points on Tuesday, June 7. The Japanese government plans to collect new economic measures after the Senate election and prepare a large-scale supplementary budget this autumn; The Japan Institute of transportation issued a proposal on the 6th, requiring the cancellation of the upper limit of 20000 people per day as a countermeasure for the new crown epidemic prevention border port.
Nikkei index jpn225 - 4-hour K-line chart display:
Technical comments: the upper rail section of the Bollinger belt index channel continued to fluctuate and rise. After the high level reached the nodes near 28156, the Bollinger belt index continued to rise. The Bollinger belt index showed an upward trend and the trend was good. The MACD index was in the long area and slowly moved up, and the RSI index was in the long area and in the narrow range;
Long short turning point: 28043
Pressing position: 28272, 28437
Support position: 27889, 27756
Trading strategy: bullish above 28043, target 28272, 28437
Alternative strategy: bearish below 28043, target 27889, 27756
The above analysis is a personal point of view and is for reference only.
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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