The Nikkei/USD futures daily chart shows a market in transition. Short-term momentum has shifted bearish, as indicated by the downward trends in the 5, 10, and 20-day moving averages, and the current swing pivot trend is down. Price is trading just above a recent swing low support (49250), with resistance levels overhead at 51040, 51600, and the major high at 52750. The weekly session fib grid (WSFG) trend is down, with price below the NTZ, reinforcing short-term weakness. However, the intermediate and long-term outlooks remain bullish. Both the monthly and yearly session fib grids (MSFG and YSFG) are strongly up, with price well above their respective NTZs. The 55, 100, and 200-day moving averages are all trending higher, supporting the broader uptrend. Volatility (ATR) is moderate, and volume remains steady. Recent trade signals confirm the short-term bearish bias, with a short entry triggered on Nov 14. The market appears to be in a corrective phase within a larger uptrend, possibly consolidating after a strong rally and testing support levels. Swing traders should note the potential for further short-term downside, but the prevailing intermediate and long-term trends suggest that any significant pullback could eventually find buyers, especially near key support zones.