NKD Nikkei/USD Futures Weekly Chart Analysis: 2026-Feb-02 07:14 CT

Price Action

• Last: 53,355,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -4%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -2%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 34%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 54,610,
• 4. Pvt. Next: Pvt low 50,149,
• 5. Levels R: 54,610, 53,355,
• 6. Levels S: 50,149, 48,070, 44,510, 43,305, 33,420, 32,010, 31,020.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 53,030 Up Trend,
• (Intermediate-Term) 10 Week: 50,149 Up Trend,
• (Long-Term) 20 Week: 45,077 Up Trend,
• (Long-Term) 55 Week: 41,234 Up Trend,
• (Long-Term) 100 Week: 35,596 Up Trend,
• (Long-Term) 200 Week: 31,556 Up Trend.

Recent Trade Signals

• 02 Feb 2026: Short NKD 03-26 @ 52780 Signals.USAR.TR120
• 02 Feb 2026: Short NKD 03-26 @ 52780 Signals.USAR-MSFG
• 02 Feb 2026: Short NKD 03-26 @ 52985 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

The NKD Nikkei/USD Futures market has experienced a strong and fast upward move, as reflected by large bars and fast momentum, pushing price to new highs above 53,000. However, recent price action shows a short-term and intermediate-term pullback, with both the WSFG and MSFG trends turning down and price now trading below their respective NTZ/F0% levels. This is confirmed by the latest swing trade signals, which are all short, indicating a potential retracement or correction phase in the near term. Despite this, the long-term trend remains firmly bullish, with all major moving averages (from 5-week to 200-week) trending upward and price well above these benchmarks. Swing pivot analysis shows the most recent pivot high at 54,610 acting as resistance, with the next key support at 50,149. The market is currently in a corrective phase within a broader uptrend, suggesting a period of consolidation or pullback before the next directional move. Volatility remains elevated, and traders are likely watching for a test of support levels to gauge the strength of the underlying trend.