jessi061

Nikkei 225 Possibilities of Bullish Continuation

Long
jessi061 Updated   
TVC:NI225   Nikkei 225 Index
The bull is weighing against the bear at the moment on NI225 knowing how the global equity markets turning from red to green because recently market participants having higher risk appetites. Also, at this point, we know that YEN losing its strength against may other currencies and it's been a couple of days now so I think that should help the export-oriented economy country like japan as well. We are having a cheaper currency which will obviously help the businesses to export more in ease. Businesses will rise back and eventually it will grow the demand for such domestic equities leading the index higher.
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