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Japan will allow international tourists to enter the country on June 10
2022-06-09
1114
Fundamental analysis:
The Nikkei 225 index closed up 289.05 points, or 1.03%, at 28233.00 points on Wednesday, June 8. After more than two years of border closure, Japan will welcome international tourists home this week; From June 10, foreign tourists participating in tour groups can enter Japan; The government's top priority remains to increase the number of domestic tourists.
Nikkei index jpn225 - 4-hour K-line chart display:
Technical comments: the nodes in the upper rail section of the Bollinger belt index channel continue to rise. After the high level reaches the nodes near 28226, the short-term bull power continues to move upward. The Bollinger belt index shows an upward trend. The MACD index remains in the consolidation and translation of the bull area, and the RSI index remains in the narrow range of the bull area;
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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