NKD Nikkei/USD Futures Daily Chart Analysis: 2025-Nov-23 18:12 CT

Price Action

• Last: 48625,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -69%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: 137%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2025

• Long-Term
• YSFG Current: 139%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 48080,
• 4. Pvt. Next: Pvt high 50500,
• 5. Levels R: 52750, 51600, 50500,
• 6. Levels S: 48080, 44360, 41670, 40900.

Daily Benchmarks

• (Short-Term) 5 Day: 48825 Down Trend,
• (Short-Term) 10 Day: 49752 Down Trend,
• (Intermediate-Term) 20 Day: 50647 Down Trend,
• (Intermediate-Term) 55 Day: 47952 Up Trend,
• (Long-Term) 100 Day: 44872 Up Trend,
• (Long-Term) 200 Day: 41068 Up Trend.

Additional Metrics

• ATR: 140,
• VOLMA: 7203.

Recent Trade Signals

• 20 Nov 2025: Short NKD 12-25 @ 48640 Signals.USAR.TR120

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Neutral,
• Long-Term: Bullish.

Key Insights Summary

The NKD Nikkei/USD Futures daily chart shows a notable shift in short-term momentum, with large, fast-moving bars and a decisive move lower. The short-term trend (WSFG and swing pivots) is clearly bearish, as price is below the weekly session fib grid and both the 5- and 10-day moving averages are trending down. The most recent swing pivot has evolved to a new low at 48080, with the next resistance at 50500 and major resistance at 52750. Intermediate-term signals are mixed: while the monthly session fib grid and 55-day MA remain supportive, the 20-day MA has turned down, suggesting a possible transition or consolidation phase. Long-term structure remains bullish, with price well above the 100- and 200-day MAs and the yearly fib grid trend up. Volatility is elevated (ATR 140, VOLMA 7203), indicating active trading conditions. The recent short signal aligns with the current short-term downtrend. Overall, the market is experiencing a corrective phase within a broader uptrend, with short-term pressure dominating but longer-term support levels still intact. Swing traders should note the potential for further downside tests before any sustained recovery, as the market digests recent highs and seeks new support.