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Forex pairs in this Article » USD/JPY (Bali) - Nikkei 225 futures are largely unchanged against the closing prices seen post BoJ monetary policy decision.

Nikkei finds plenty of buyers on last dip

On Wednesday, an initial drop in the Nikkei 225 after the BoJ call was challenged by a vigorous recovery, snapping prices from 15,620 level up to 15.890, with the level 15,900 clearly the next hurdle for buyers should the 16,000 big round number be re-tested again.

Nikkei 225 regains daily kijun

As technicals stand, the bullish rotation in the index has managed to regain the daily kijun line, thus presenting a more constructive picture for today, potentially supporting the Yen crosses. In order to create buying momentum though, the index should absorb offers through 15,900 up to 16,000, in which case the sky should look blue for a retest of trend highs (16,300+).
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