2026/8/29 Dollar-Yen, Gold, SP500, and Nikkei 225 environment
For behavior confirmation, we prepare a weekly video showing the movement of USD/JPY.
USD/JPY
WeeklyThe trend is continuing to rise, and it has clearly updated to higher highs.
Daily・4-hourIt reversed at the daily support and pierced the half-retracement wall. At present, since the weekly uptrend continues, the projection is to continue testing higher levels.
Gold
WeeklyGiven the awareness of currency value decline, gold is expected to rise in the long term.
Daily・4-hourI think the red horizontal line of daily support or daily retracement high is being watched, but it may be a bit unclear, so a directionless move may occur.
S&P 500
WeeklyRecent highs have been exceeded and the uptrend is confirmed. Culturally, buying tends to be easier.
Daily・4-hourIf it doesn’t rise to new highs soon, it might test the downside. If the 4-hour MA or the daily uptrend line is broken, caution is warranted.
Nikkei 225
WeeklyThe upward trend is continuing, but it’s unclear whether it will surge to the near-term ceiling of 80,000.
Daily・4-hourIt seems like an ascent toward daily highs, but there is no clear direction in the near term. Waiting and watching would be prudent.
The indicators in the attached image use the following indicators.
If you’re interested, please take a look.