Nikkei225 Extends Winning Streak on Yen Weakness and Banking Gains

Nikkei225 continued its upward momentum on September 25, opening at 65,639.62 and rising more than 700 points during the session.

The index reached an intraday high near 66,388, with buyers pushing the price toward the 66,400 resistance zone.

However, momentum slowed as buyers faced resistance from the 66,400-66,600 zone, where recent highs and the 75-day moving average are located.

The yen's weakness has supported Japanese exporters by improving overseas earnings expectations, with continued yen weakness potentially providing further support for Nikkei225.