Nikkei 225 Daily Forecast Feb 24 2015

Japan565 x5mdmq
Japan565 x5mdmq

Outlook in Nikkei 225 index remains on the upside as long as 18225 support holds on a daily closing basis , resistance comes at the 18685 levels , a halt is likely , but a break would open 19190 next , further upside will aim the 19550 levels..

On the downside , support comes at the 18225 levels , losing this level will turn outlook neutral for retesting the 17865 levels before the next rise…

In all, as long as 18225 support holds on a daily closing basis , outlook in Nikkei 225 index remains on the upside towards the 18685  levels ahead of the 19190 levels, below the 18225 levels will bring a corrective pullback towards the 17865 levels before the next rise.

 

Nikkei 225 Daily Forecast Feb 24 2015

MARKET DATA

UPCOMING ECONOMIC EVENTS