US indices continue their recovery from recent lows, but the Nikkei 225 has been hit by volatility in the yen.
The index continues to recover from last week’s low and managed to move above Friday’s high in Monday’s trading. Additional gains target last week’s high around 38,600, and then on to the 50-day simple moving average , currently 38,780. Beyond this lies 39,000, and then to the March highs at 40,000.This index continues to rally despite the ups and downs of Big Tech’s moment in the earnings season spotlight.
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