Nikkei 225 Forecast for the week April 10 — 14, 2017


Stock quotes Nikkei 225 finished the trading week at 18723. At the moment, the index continues to move in the upward trend and expect an attempt to continue growth to the local high above the level of 19500. In favor of the growth of quotations Nikkei 225 will perform a tight test of the uplink support line on the indicator Relative strength, as well as the lower boundary of the ascending channel.

Nikkei 225 Forecast for the week April 10 — 14, 2017

The cancellation of the growth of the quotations of the index will be the breakdown of the lower boundary of the rising channel and the closing of quotations below the area of 17800, which will indicate the continuation of the decline of the Nikkei 225. To expect the acceleration of the growth of quotations is with the breakdown of the downward trend line on the indicator of relative strength, which will indicate the breakdown of the area of highs by closing prices.

Nikkei 225 Forecast for the week April 10 — 14, 2017

Nikkei 225 Forecast for the week April 10 — 14, 2017 suggests an attempt to test the lower boundary of the uplink and the continued growth of the index in the area above the level of 19500, the cancellation will be a breakdown of the region of 17800.


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