Free NIKKEI 225 INDEX YEN INDEX (NIY) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Hold Hold
Last Update / Period
03 May / Daily
Category/Currency
Futures/USD
Exchange/Country
CME/--

NIKKEI 225 INDEX YEN INDEX (NIY) signal with technical analysis on 03 May

On 03 May, we conducted a comprehensive technical analysis of NIKKEI 225 INDEX YEN INDEX (NIY), considering 256 signals with intricate details. Here are the key findings: 173 signals suggested buy strategies, while 7 indicated sell strategies. The remaining 76 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 45
Sell Signals: 0
Neutral Signals: 19
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 45
Sell Signals: 0
Neutral Signals: 19
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 45
Sell Signals: 0
Neutral Signals: 19
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 38
Sell Signals: 7
Neutral Signals: 19
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 173
Sell Signals: 7
Neutral Signals: 76
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your NIKKEI 225 INDEX YEN INDEX (NIY) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for NIKKEI 225 INDEX YEN INDEX (NIY) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

NIKKEI 225 INDEX YEN INDEX (NIY) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

NIKKEI 225 INDEX YEN INDEX (NIY) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of 14.03%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **NIKKEI 225 INDEX YEN INDEX (NIY)** holdings.

NIKKEI 225 INDEX YEN INDEX (NIY) Price Analysis and Resistance Levels:

Given our current long position in NIKKEI 225 INDEX YEN INDEX (NIY), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (40450): The primary hurdle is the 40450 price level. If the prevailing trend remains unchanged, NIKKEI 225 INDEX YEN INDEX (NIY) could break above this level, indicating its strength and potential for further growth.

Second resistance level (42430): If the upward trend shows significant strength, NIKKEI 225 INDEX YEN INDEX (NIY) may cross the second resistance level at 42430, signaling a significant upside move and a promising direction for our position.

It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading NIKKEI 225 INDEX YEN INDEX (NIY), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

NIKKEI 225 INDEX YEN INDEX (NIY) technical analysis chart

NIKKEI 225 INDEX YEN INDEX (NIY) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 40450 42430 -- -- --
Support 33625 32140 30580 -- --
 NIKKEI 225 INDEX YEN INDEX (NIY) Support and Resistance area (03 May)  NIKKEI 225 INDEX YEN INDEX (NIY) Support and Resistance area (03 May)

NIKKEI 225 INDEX YEN INDEX (NIY) signals list for 03 May

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

NIKKEI 225 INDEX YEN INDEX (NIY) candlestick patterns on 03 May

Today's NIKKEI 225 INDEX YEN INDEX (NIY) Candle Patterns List:

Doji

NIKKEI 225 INDEX YEN INDEX (NIY) technical analysis over the past days

# Date Overal Signals ALL Signals
1 02 May Hold HoldHoldHoldHold
2 01 May Hold HoldHoldHoldHold
3 30 Apr Hold HoldHoldHoldHold
4 29 Apr Hold HoldHoldHoldHold
5 28 Apr Hold HoldHoldHoldHold
6 25 Apr Buy HoldHoldHoldBuy
7 24 Apr Hold HoldHoldHoldNeutral
8 23 Apr Hold HoldHoldHoldNeutral
9 22 Apr Buy BuyHoldBuyHold
10 21 Apr Hold NeutralBuyNeutralHold
11 17 Apr Hold HoldNeutralNeutralHold
12 16 Apr Hold HoldNeutralHoldHold
13 15 Apr Hold HoldBuyHoldHold
14 14 Apr Hold HoldNeutralHoldHold
15 11 Apr Buy BuyHoldHoldHold
16 10 Apr Hold NeutralSellHoldHold
17 09 Apr Buy BuyNeutralHoldHold
18 08 Apr Hold HoldHoldHoldHold
19 07 Apr Hold HoldHoldHoldHold
20 04 Apr Hold HoldHoldHoldHold
21 03 Apr Hold HoldHoldHoldHold
22 02 Apr Hold HoldHoldHoldHold
23 01 Apr Hold HoldHoldHoldHold
24 31 Mar Hold HoldHoldHoldHold
25 28 Mar Sell SellSellSellSell
26 27 Mar Hold NeutralHoldNeutralNeutral
27 26 Mar Neutral NeutralHoldHoldNeutral
28 25 Mar Buy HoldHoldHoldBuy
29 24 Mar Buy BuyHoldBuyNeutral
30 21 Mar Sell NeutralHoldNeutralSell

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