| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206

FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop

FxWirePro: AUD/USD dips on soft China data

FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet

FxWirePro- Major Crypto levels and bias summary

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level

FxWirePro- Major Pair levels and bias summary

FxWirePro: USD/CNY outlook weaker on renewed downside pressure

FxWirePro- Woodies Pivot(Major)

FxWirePro: USD/CNY outlook weaker on renewed downside pressure

Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance

FxWirePro: GBP/USD steadies ahead key data, BoE event risk

FxWirePro: EUR/AUD trends higher, but faces potential pitfalls

FxWirePro: USD/CAD pauses decline,critical support lies ahead

FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias

FxWirePro: AUD/USD uptrend loses steam, remains on bullish path

©Econometrics LLC . All Rights Reserved.

FxWirePro: Nikkei225 struggles to close above 16500, good to buy on dips

Thursday, July 14, 2016 2:13 AM UTC

Major Support -15833 (daily Kijun-Sen)

Major Intraday resistance- 16640 (Cloud top)

Nikkei225 has jumped till 16536 yesterday and slightly declined from that level. It is currently trading around 16314.
The index upside upside has been capped by ichimoku cloud and any break above confirms further bullishness.
On the lower side immediate support is around 16160 (55 EMA) and any break below targets 16000/15830.
The Nikkei225 is facing resistance around 16640 and any break above targets 16850/17000/17250.

It is good to buy on dips around 16000 with SL around 15800 for the TP of 16600/16840

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

FxWirePro- Major Crypto levels and bias summary

ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?

MEXC Bolsters Trust with Over 100% Reserves in December PoR Report

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments

FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias

FxWirePro: EUR/AUD trends higher, but faces potential pitfalls

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FxWirePro: Nikkei225 struggles to close above 16500, good to buy on dips

Editor's Picks

Welcome to EconoTimes