NIKKEI 225 forecast December 19, 2016 — December 23, 2016


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Quotes stock index NIKKEI 225 traded at 19363. The index shows serious growth and could not turn around in the framework of working out a reversal pattern Forex Head and Shoulders. Currently NIKKEI 225 quotes have gone beyond the top of the rising channel, which indicates continued growth with a potential test of the next resistance level near 20,000 Cancellation option could be the breakdown of the channel and return quotes inside the ascending channel that could provoke a continuation of a downward correction aim at a level lower than 17600.

NIKKEI 225 forecast December 19, 2016 — December 23, 2016

NIKKEI 225 forecast December 19, 2016 — December 23, 2016

Also in favor of the development and formation of the correction in favor Wedge pattern on the indicator of relative strength, it also points to a likely reversal, however, due to the model will come only with the breakdown of the lower limit of the structure. Among the important news from Japan on the next trading week of December 19 – December 23, 2016, which may have an impact on the index NIKKEI 225, stands out, Interest Rate Decision The Bank of Japan, Comment on monetary policy, press conference Bank of Japan, and also publish annual data growth of the monetary base, all news will be presented to the market on Tuesday, December 20, 2016.

NIKKEI 225 forecast December 19, 2016 — December 23, 2016 suggests an attempt to continue its growth in the framework of working out a strong signal by the break-up uplink in order to increase above the level of 20,000.

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