Market Analysis of JP225 on Wednesday 20 September 2023

2023-09-20 18:37Source:BtcDana

JP225 TECHNICAL ANALYSIS SHORT TERM VIEW     

 JP225 has strong support 32730 to 33080 levels and it can rise towards  towards 34500  levels  without touch 32440 level .Overall trend is positive  and as long as it hold support it can rise towards 34000 level sharply.Inner calculations suggesting for intraday purpose 32440 stop loss  and it can rise for 33300 ,32400 and final target 32600 .

 QUICK FUNDAMENTAL LOOK                                                                     

Japan's Topix index slipped further on Wednesday from a 33-year peak scaled last week, with investor mood turning cautious ahead of a raft of key central bank policy decisions, including from the Bank of Japan (BOJ) and the U.S. Federal Reserve.

POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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