简体中文
ภาษาไทย
繁體中文
Indonesia
JPN225: Move up the high position
2023-03-03
1003
Fundamental analysis:
The Nikkei 225 Index closed down 10.03 points, or 0.04%, at 27506.50 points on March 2 (Thursday). Japanese companies raised spending on factory and equipment for the seventh straight quarter in the fourth quarter, a relief to policymakers who were counting on private sector demand to lead the economic recovery from the pandemic.
The Nikkei JPN225——4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: high-level bulls continue to fluctuate upwards, the short-term bullish sentiment remains, the market’s bullish momentum continues to rise, the MACD indicator is in the bullish zone and continues to move upward, and the RSI indicator is in the bullish zone and continues to rise;
Long-short turning point: 27694
Suppression: 27767, 27823
Support: 27644, 27595
Trading strategy: Bullish above 27694, target 27767, 27823
Alternative strategy: bearish below 27694, target 27644, 27595
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.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
