The dollar will continue its decline at a “gentle rate,” the Nikkei 225 should be avoided, and the food sector is well-placed to join the mining industry and move the markets, Robin Griffiths from Cazenove Capital told CNBC Monday.

The Nikkei 225 is currently the weakest of the major stock indexes and could fall toward its March lows of around 7,000 points next month, Roelof van den Akker, chartist at ING Wholesale Banking, told CNBC.

The rising trend in Tokyo and Chinese stocks has broken and selling pressure is ahead for the two Asian indexes, Royce Tostrams, technical analyst at Tostrams Groep said Friday. And weakness in Asian markets could affect global stock markets, he warned.

Asian stocks ended slightly higher on Tuesday but investors stayed cautious after economic data from China showed a weaker-than-expected increase in July industrial output. This also followed a lower end in the U.S. as investors took a breather after a four-week rally.

Asian markets marched higher on Monday after the latest U.S. employment numbers showed signs of a stabilizing job market, raising hopes that the United States can lead the world out of a recession.

Asian stocks dipped Friday as investors grew cautious before a key U.S. jobs report, while the Australian dollar got only a brief lift despite signals from the central bank that interest rates could rise over time.

Stocks in Shanghai dropped as much as 3% Thursday, weighed by speculation China may take more steps to rein in liquidity, slashing the Australian dollar's gains, while copper slid from 10-month highs after disappointing U.S. services data.

Asian markets took a tumble late in the session Wednesday, as selling accelerated causing stocks to slump. Japan closed down over 1% after trading flat for most of the session.

Asian stocks climbed to an 11-month high Tuesday on hopes a V-shaped recovery may be forming in the United States, while the Australian dollar hit its highest since late September after solid housing and retail sales data.

Asian markets inched up to an 11-month high Monday on mounting evidence that the global economic recovery is picking up speed, giving a boost to oil and copper prices while hurting the safe-haven U.S. dollar.

Asia markets closed mostly higher Tuesday after racking up solid gains in recent sessions. Upbeat data on U.S. new home sales lifted confidence on Wall Street and in Asia, but Japan markets slipped marginally to break their nine-day winning streak.

The Nikkei 225 could rally to 22,000 points over the next 3 years as a 20-year downtrend in the Japanese index gives way to a strong bull run, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC.

Asian stocks rose across the board on positive earnings momentum Monday, helped by a solid run on Wall Street which saw the Dow cap its best two-week performance since 2000.

Asian markets lost steam on Tuesday to come off their early highs following solid gains on the U.S. market and confirmation that CIT Group had secured $3 billion in financing.

Asian stocks rallied to their highest levels this year on Monday, fueled by Wall Street's best week in four months and upbeat sentiment toward U.S. earnings in the second quarter.