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Nikkei 225 Technical Analysis Bullish Momentum Targets 46400 The Nikkei 225 Index, commonly referred to as JAP225, is a key indicator for the Japanese stock market, representing the largest 225 companies listed on the Tokyo Stock Exchange. Today's fundamental outlook for JAP225 is influenced by significant economic data releases from Japan. The release of Japan’s Jobless Rate could affect the index modestly since a lower-than-expected unemployment rate typically signals economic health, potentially boosting investor confidence and supporting JAP225 bullish momentum. Additionally, market participants will closely watch Bank of Japan Governor Kazuo Ueda’s speech in Osaka for hints about future monetary policy, with a more hawkish stance potentially strengthening JPY and impacting the index negatively due to currency appreciation. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. Analyzing the provided H4 chart for JAP225, the index is trading within an ascending channel, currently struggling near the channel’s midline. The 44-period EMA is positioned below the current price action, providing dynamic support and indicating bullish sentiment. MACD is signaling upward momentum with a bullish crossover recently formed, reinforcing potential bullish continuation. Additionally, the Parabolic SAR indicator displays recent points below the price, supporting a short-term bullish scenario. Based on these technical signals and price action, a likely target for JAP225 would be approximately 46400. •DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes. Capitalcore

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