NKD Nikkei/USD Futures Weekly Chart Analysis: 2026-May-08 07:04 CT

Price Action

Last: 49235,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: 129%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month May

Intermediate-Term
MSFG Current: 47%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 148%
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 63400,
4. Pvt. Next: Pvt Low 56080,
5. Levels R: 63400,
6. Levels S: 50410, 48240, 32280, 30955, 30445.

Weekly Benchmarks

(Short-Term) 5 Day: 58010 Up Trend,
(Short-Term) 10 Day: 55830 Up Trend,
(Intermediate-Term) 20 Day: 54775 Up Trend,
(Intermediate-Term) 55 Day: 49235 Up Trend,
(Long-Term) 100 Day: 43370 Up Trend,
(Long-Term) 200 Day: 37450 Up Trend.

Recent Trade Signals

05 May 2026: Long NKD 06-26 @ 60570 Signals.USAR-MSFG
04 May 2026: Long NKD 06-26 @ 60000 Signals.USAR-WSFG
30 Apr 2026: Long NKD 06-26 @ 59845 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The weekly structure remains in a strong impulsive uptrend with price holding above the yearly, monthly, and weekly session Fib reference zones. The chart shows a powerful climb from the spring consolidation into a fresh expansion phase, with a sharp rally, a brief pullback, and then a strong continuation to new highs near 63400. All benchmark moving averages are aligned higher and stacked positively, reinforcing trend persistence. Pivot structure is also constructive, with the current pivot trend and Hi/Lo trend both in UTrend and the next meaningful downside pivot marked at 56080 after the recent high at 63400. The recent signals sequence shows synchronized long entries across TR120, WSFG, and MSFG, matching the broader technical picture of a sustained bullish trend with strong momentum and higher-high/higher-low behavior.