NKD Nikkei/USD Futures Daily Chart Analysis: 2026-Mar-23 07:07 CT

Price Action

• Last: 51100,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: 40%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Mar

• Intermediate-Term
• MSFG Current: -140%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 25%
• 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 51100,
• 4. Pvt. Next: Pvt high 55710,
• 5. Levels R: 55710, 60015,
• 6. Levels S: 51135, 48240, 47703.

Daily Benchmarks

• (Short-Term) 5 Day: 53535 Down Trend,
• (Short-Term) 10 Day: 52625 Down Trend,
• (Intermediate-Term) 20 Day: 55623 Down Trend,
• (Intermediate-Term) 55 Day: 54310 Down Trend,
• (Long-Term) 100 Day: 52777 Down Trend,
• (Long-Term) 200 Day: 47705 Up Trend.

Additional Metrics

• ATR:140,
• VOLMA:7203.

Recent Trade Signals

• 19 Mar 2026: Short NKD 06-26 @ 52495 Signals.USAR-WSFG
• 18 Mar 2026: Long NKD 06-26 @ 54595 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The NKD Nikkei/USD futures daily chart shows a pronounced shift in momentum with a sharp move lower, as evidenced by large bars and fast momentum. The short-term and intermediate-term trends have both turned bearish, confirmed by the downward direction of all key moving averages (5, 10, 20, 55, and 100 day), and the swing pivot trend is also down. Price has broken below the monthly session fib grid (MSFG) NTZ, reinforcing the intermediate-term downtrend, while the weekly and yearly session fib grids remain in uptrends, suggesting the broader long-term structure is still constructive. Recent trade signals highlight a quick reversal from a long to a short bias, reflecting the volatility and rapid trend changes. The ATR and volume metrics indicate heightened volatility and active participation. Key resistance is now overhead at 55710 and 60015, while support is being tested at 51135, with further levels at 48240 and 47703. The market is currently in a corrective phase within a larger uptrend, with the potential for further downside in the short to intermediate term before any stabilization or reversal. This environment is characterized by sharp pullbacks, possible oversold conditions, and the need to monitor for signs of exhaustion or reversal at major support levels.