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Nikkei 225 up 0.82%. Moves toward key hourly moving averages.
The Nikkei 225 is trading to new session highs and in the process is approaching key hourly moving averages.The current price is up 0.82% at 32517.77. Above at 32614.09 is its 100-hour moving average (blue line in the chart above). Above that is the 200-hour moving average at 32761.46 (green line in the chart above). Moving above each would tilt the bias back to the upside.Yesterday, the low price reached 31830. That was near the swing low from July 12 at 32791. The inability to move below that...
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Posted: Aug 8 2023, 01:08
Author Name: forexlive
Views: 111094