Nikkei 225 in focus: Will the resistance at 34,000 points be broken at the beginning of the year?

Nikkei 225 in focus: Will the resistance at 34,000 points be broken at the beginning of the year?

According to a report by www.wallstreet-online.de, the article describes the expectations for the Nikkei 225, Japan's leading index, at the beginning of the year. The index has been trying to break through the massive 34,000 point resistance since June but has failed so far. Key data on consumer price trends in the Tokyo metropolitan area will be released in the first week of trading, which could have an impact on the foreign exchange market.

The results-based analysis for relevant financial products with corresponding price expectations shows various options for the Nikkei 225 using the example of Smart-Trade's profit maximizer. Investments must be coordinated accordingly based on term and profit prospects.

The failure to overcome the resistance area around 34,000 points requires caution. A successful breakout could trigger a new buy signal towards 35,000 points.

In terms of long-term implications, breaking above 34,000 points could lead to a larger uptrend, while failure to breakout could lead to consolidation or a downward correction. Further developments in the Japanese Yen and the release of key consumer price index data could provide results that will influence the Nikkei 225.