NKD Nikkei/USD Futures Daily Chart Analysis: 2026-Jul-07 07:05 CT

Price Action

Last: 68725,
Bars: Medium,
Mom: average.

WSFG Weekly

Short-Term
WSFG Current: -32%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Jul

Intermediate-Term
MSFG Current: -29%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 208%
F0%/NTZ' Bias: Price Above,
YSFG Trend: Up.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt Low 67730,
4. Pvt. Next: Pvt High 72850,
5. Levels R: 73830,
6. Levels S: 67730, 62535, 59590, 50645, 48975.

Daily Benchmarks

(Short-Term) 5 Day: 70065 Down Trend,
(Short-Term) 10 Day: 70580 Down Trend,
(Intermediate-Term) 20 Day: 68750 Down Trend,
(Intermediate-Term) 55 Day: 65070 Up Trend,
(Long-Term) 100 Day: 60560 Up Trend,
(Long-Term) 200 Day: 55350 Up Trend.

Additional Metrics

ATR: 140,
VOLMA: 7203.

Recent Trade Signals

07 Jul 2026: Short NKD 09-26 @ 68725 Signals.USAR.TR120
07 Jul 2026: Short NKD 09-26 @ 69415 Signals.USAR-WSFG
03 Jul 2026: Short NKD 09-26 @ 69875 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Price is trading below the weekly and July monthly session fib centers, keeping the near-term structure under pressure after the sharp rejection from the 73830 swing high. The daily swing pivot tone is in a short-term downtrend, while the higher swing sequence still reflects an intermediate uptrend framework with higher-timeframe support layers clustered at 67730, 62535, and 59590. Benchmarks show price below the 5, 10, and 20-day averages, with the 55, 100, and 200-day averages still rising beneath price, which keeps the broader trend constructive even as the current daily cycle is corrective. The tape is in a pullback/retest phase following the June rally, with the recent short signals aligning to the downside rotation from the upper fib zone and the failed push into overhead resistance.