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Japan's clear focus shifted to making the economy normal, and the prime minister announced the reopening of tourists

2022-05-27
1037
Fundamental analysis:

The Nikkei 225 index closed down 68.30 points, or 0.26%, at 26609.50 on Thursday, May 26. The epidemic situation in Japan is slowing down, including Tokyo, Osaka and other places. The number of newly confirmed cases continued to decrease today compared with the same day last week; The Japanese government will officially announce on the 26th that it will re accept foreign tourists from June and raise the daily limit from 10000 to 20000.



Nikkei index jpn225 - 4-hour K-line chart shows:




Technical comments: it has been maintained in a wide range of vibration in the brin belt index channel for a long time. During this period, it has repeatedly probed the nodes of the upper and lower rail sections. The brin belt index shows a wide range of vibration and began to close and translate. It is in a narrow range of vibration in the middle and upper rail section. The MACD index is maintained on the upper side of the 0 axis, and the RSI index is in 50 equilibrium, and the online side remains in a narrow range;


Long short turning point: 26852


Pressing: 2747 bits


Support position: 26717, 26592


Trading strategy: bullish above 26852, target 27047, 27177


Alternative strategy: 26852 bearish below, target 26717, 26592


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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