Nikkei225: Daily Framework Read | 2026-10-05

Price on Nikkei 225 (NKY) sits near 69,739, 2.1% higher on the session and pressing the top of its one-month range. The one-month average sits near 65,506, and price is above it, so that line is the pivot the two-way traffic keeps returning to. Momentum has firmed over the last two weeks, roughly 7.3% up, leaving the structure as a recovery attempt, back above the one-month average but still under the longer one. The levels that matter are 70,072 overhead, the past month’s swing high, about 0.5% above here, with 62,726 below as the shelf that has held, roughly 10.1% down; the 70,000 and 69,000 round numbers are the nearer handles. Zoom out and the last three months have ranged between 60,449 and 70,072, which frames the bigger picture. For now the tilt is bullish: a close above 70,072 would open room toward 71,000, while losing 62,726 would put 60,449 back in view.

The chart above is the full daily read: structure, momentum, the levels that matter, and where the current price sits against them. Read it top to bottom for the complete picture, and pair it with our session briefs for the wider market context.