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Nikkei: The trend falls

2023-09-08
224
Basic face analysis:

On Thursday (September 7), the 225 Index closed down 242.50 points, a drop of 0.73%to 33010.00 points. Essence According to the Kyodo News Agency: The Japanese government plans to formulate economic measures around October. Recently, two members of the Bank of Japan have publicly stated that they need to patiently maintain the super loose monetary policy for the time being. At present, it has not been able to determine that inflation can sustainly achieve a 2%goal.

Jpn225 four -hour chart



Technical analysis:

Looking at the 4-hour chart, the Nikkei index fell 33,000, the MACD volume could start to shrink on the zero axis. The resistance followed near 33,000. Let's look at 32500-32200 below.

Resistance position: 33000 33300
Support bit: 32500 32200

Main selection strategy: 33000 drops below, target 32500 32300
Extracting strategy: 33000 to see the bullish, target 33300 33500

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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