| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

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

FxWirePro: GBP/NZD remains bullish as rally continues

FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data

CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?

FxWirePro- Major Crypto levels and bias summary

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

FxWirePro: NZD/USD downside pressure builds, key support level in focus

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

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

FxWirePro- Woodies Pivot(Major)

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

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

Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance

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

USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower

FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations

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

©Econometrics LLC . All Rights Reserved.

FxWirePro:Nikkei225 struggles to close below 16000, good to sell on rallies

Wednesday, August 3, 2016 2:19 AM UTC

Major Support -15945 (daily Kijun-Sen) .

Major resistance- 16380 (90 4H EMA
Nikkei225 has recovered after making a low of 15988 yesterday.It is currently trading around 16233.
The minor resistance is around 16380 (90 4H EMA ) any break above targets 16500/16800.It should break above 17200 (200 day MA) for major trend reversal.
On the lower side immediate support is around 15945 and any break below targets 15800/15500.

It is good to sell on rallies around 16300 with SL 16420 around 16800 for the TP of 16000.

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

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

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

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

Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data

Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data

Trump’s Rob Reiner Remarks Spark Bipartisan Outrage After Tragic Deaths

Jimmy Lai Convicted Under Hong Kong National Security Law in Landmark Case

Sydney Bondi Beach Terror Attack Kills 16, Sparks Gun Law and Security Debate

Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge

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 below 16000, good to sell on rallies

Editor's Picks

Welcome to EconoTimes